Inflation threat pulls bullion prices up

24.03.2022

Gold prices gained on Wednesday as investors looked to shield against soaring inflation and uncertainty caused by events in Ukraine, with a pullback in U.S. bond yields also offering support. Spot gold rose 0.6% to $1,932.28 per ounce by 1058 GMT. U.S. gold futures climbed 0.6% to $1,932.90.

"The market seems...