Stagflation risk is back and gold price is ready to react – atnalyss stagflation risk is back on the table as the looming energy crisis stirs up old inflation fears. This is good news for gold, which proved this week that there is strong buying interest below the $1,750 an ounce level, according to analysts. After falling towards $1,720 an ounce mid-week, gold surprised with a quick double-digit recovery to $1,760 on Friday. The original downward pressure on gold came…