Gold hits highest level in three months as traders worry about US inflation and bond market jitters – business live

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Guardian Business

Gold hits highest level in three months as traders worry about US inflation and bond market jitters – business live

Spot gold touches almost $4,700 an ounce and Bitcoin tops $80,000 while oil prices fall despite threat of heavy US sanctions on Iran and any country trading with it Good morning, and welcome to our rolling coverage of the global economy, the financial markets, the eurozone and business. Gold has climbed further, hitting its highest level since mid-May, as traders and investors worry about the outlook for US inflation…