Gold pulls back to $4,575 as a stronger US dollar and upbeat equities pressure prices ahead of key CPI data. Geopolitical tensions keep gold supported, limiting downside despite short-term profit-taking after recent highs. US CPI forecast at 0.3% MoM could strengthen the dollar further, posing near-term risks for gold prices.
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) announced sanctions against six officials associated with the Iranian intelligence agency for attacking critical infrastructure entities in the U.S.…