Bullion bearish as equity markets boom

15.04.2021

Gold prices inched lower on Wednesday as a record rally in global equity markets offset support for bullion from a softer dollar and data showing a jump in U.S. inflation.

Spot gold was down 0.1% at $1,743 per ounce, as of 1013 GMT. U.S. gold futures fell 0.2% to $1,743.90.

"Gold reacted...