Gold held an advance as some investors deemed that the slightly faster-than-expected rise in U.S. inflation is likely to be transitory, keeping ongoing central-bank support intact. The consumer price index climbed 0.6% in May, the second-largest advance in more than a decade. Though distorted by the pandemic, the CPI jumped 5% from a year ago, the biggest annual gain since August 2008, according to Labor Department data Thursday. Real yields eased after the data, boosting the appeal of non-interest-bearing bullion. Also on Thursday, European Central Bank President Christine Lagarde renewed a pledge to deliver faster ... (full story)