Gold Hits Three-Week Low as Oil Prices Drive Inflation Concerns
Manama: Gold fell to a three-week low on Tuesday, as elevated oil prices kept inflation concerns high. Spot gold was down 1.1% at $4,628.88 per ounce, as of 0553 GMT, its lowest level since April 7. U.S. gold futures for June delivery fell 1.1% to $4,…