Gold falls to near $5,100 as inflation fears weigh amidst Middle East conflict

Gold price (XAU/USD) faces some selling pressure near $5,100 during the early Asian session on Wednesday. The precious metal falls amid a renewed US Dollar (USD) demand and dimming prospects for US rate cuts.

Gold falls to near $5,100 as inflation fears weigh amidst Middle East conflict
Gold price (XAU/USD) faces some selling pressure near $5,100 during the early Asian session on Wednesday. The precious metal falls amid a renewed US Dollar (USD) demand and dimming prospects for US rate cuts.

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