Gold gains as investors focus on inflation - NewsBreak
By Ulises in Business
Updated 2 years ago
Nov 19 (Reuters) - Gold prices rose on Friday as concerns over more persistent inflation bolstered the metal's appeal as an inflation hedge, though prospects of quicker interest rate hikes limited gains. Spot gold advanced 0.2% to $1,862.97 per ounce by 0455 GMT. U.S. gold futures gained 0.2% to $1,864.90.
