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Global stocks press pause, gold hits 3-mth high on inflation concerns By Reuters – Investing.com

Global stocks press pause, gold hits 3-mth high on inflation concerns

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By Simon Jessop
LONDON/SYDNEY (Reuters) – Global shares hit the pause button and gold briefly crested a three-month high as surging COVID-19 cases in some Asian countries and inflation pressures tempered demand for riskier assets.
Markets have been skittish in recent weeks as bumper supplies of central bank stimulus and rising prices in the United States and other countries fuel concerns some economies could overheat, requiring policymakers to tap on the brakes.
The MSCI World Index, a broad gauge…

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