Energy Markets
Gold prices steady as markets assess Mideast tensions in advance of US inflation data
The gold price remained largely unchanged on Tuesday as markets assessed the latest developments in 'the Middle East conflict' and interest rate expectations before key U.S. Inflation data. Gold spot fell by 0.1% to $4,728.79 an ounce at 0418 GMT after reaching a session high of three weeks earlier. U.S. Gold futures for delivery in June gained 0.2%, to $4.737.60. U.S. President Donald Trump stated that a ceasefire agreement with Iran is "on life support". Tehran refused to accept the U.S. proposal and remained firm on its demands, which he called "garbage". Ilya Spivak is the head of global macro...