Gold prices stall as dollar gains strength amid sticky inflation and Fed uncertainty

(Kitco News) – Gold prices remain range-bound this week as subdued inflation tempers bullish momentum. However, one market analyst warns that a lack of upward drive could soon trigger renewed selling pressure.Data published this week showed that consumer and producer prices rose less than expected. However, economists note that inflation risks remain elevated, forcing the Federal Reserve to maintain its neutral monetary policy stance through the summer.