Singapore, 22 July 2026 – Gold held on to recent gains as investors weighed whether elevated oil prices could prolong inflationary pressures and keep global interest rates higher for longer, creating competing forces for the precious metal.
Bullion remained above the US$4,000-per-ounce level after buyers returned near the psychologically important price threshold. The recovery reflected renewed demand from investors seeking protection against economic uncertainty while remaining cautious over the outlook for monetary policy.
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