Gold (XAU/USD) rose on Tuesday to about $4,580 after a five-week low near $4,500 on Monday. Gains remained limited as expectations for higher interest rates persisted, linked to Middle East tensions and energy-driven inflation concerns. Reports on Monday described new attacks in the Gulf region, with the US-Iran truce under strain around the Strait of Hormuz. Iran was reported to have targeted oil infrastructure in the UAE, and US President Donald Trump said US forces shot down seven small Iranian boats near the Strait. Higher energy risks added to inflation concerns, while inflation remains above the Federal ... (full story)