Gold traded in a narrow range as traders weighed inflationary risks against attempts to contain an oil-supply shock arising from the war in the Middle East. Bullion was steady near $5,000 an ounce, after posting a small loss on Monday. Oil advanced after its first decline in almost a week, as Iran stepped up attacks on energy infrastructure around the Persian Gulf and the US prepared to release the first tranche of emergency crude stockpiles. Most Read from Bloomberg President Donald Trump reiterated t ...