Gold edges higher above $4,700 despite hotter US inflation, Trump–Xi summit in focus

Gold price (XAU/USD) trades with mild gains near $4,720 during the early Asian session on Wednesday. However, the potential upside for the precious metal might be limited due to hotter-than-expected US inflation and shifting geopolitical tensions.

Gold edges higher above $4,700 despite hotter US inflation, Trump–Xi summit in focus
Gold price (XAU/USD) trades with mild gains near $4,720 during the early Asian session on Wednesday. However, the potential upside for the precious metal might be limited due to hotter-than-expected US inflation and shifting geopolitical tensions.

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