Gold up at $4,061 despite Middle East, inflation concerns
Gold prices moved higher, weighed by persistent uncertainty surrounding the Middle East conflict and mounting concerns over inflation, as traders positioned themselves ahead of a batch of US employment data expected to shape the Federal Reserve's nex
August 04, 2026 (MLN): Gold prices moved higher, weighed by persistent uncertainty surrounding the Middle East conflict and mounting concerns over inflation, as traders positioned themselves ahead of a batch of US employment data expected to shape the Federal Reserve's next policy move. Currently, spot gold is slightly up 0.45% to $4,061.66 an ounce as of [12:18 pm] PST, according to data reported by Mettis Global....