Bulls return to bullion as inflation haunts paper markets

27.04.2022

Gold prices rose on Tuesday as investors sought the safe-haven asset amid fears over global growth and soaring inflation, though bets of aggressive U.S. interest rate hikes kept bullion pinned near four-week lows hit in the previous session.

Spot gold edged 0.3% higher to $1,904.20 per ounce by 1138 GMT. Prices...