Gold prices slipped on Wednesday, as renewed hostilities in the Middle East pushed crude oil prices higher, cementing fears that interest rates would stay ​higher for longer to tame inflation. Spot gold fell 0.2% to $4,476.50 per ounce by 0103 GMT. U.S. gold futures for August delivery fell 0.3% to $4,504.40. Gulf hostilities flared anew on Wednesday, with the U.S. military saying Iranian missile attacks on Bahrain, ​Kuwait and other regional targets were either thwarted or failed as ​diplomacy between Washington and Tehran showed little progress. U.S. Secretary of ⁠State Marco Rubio said on Tuesday that President ... (full story)