Gold hits highest level in three months as traders worry about US inflation and bond market jitters – business live
The Guardian34m ago1 newsroom
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 Scott Bessent ’s attempt to calm the bond markets and push down America’s cost of borrowing have attracted a rebuke from the US Treasury secretary’s former mentor. Billionaire investor Stanley…