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Gold Holds Steady as Markets Await US Inflation Data

Gold prices held steady near record levels as investors awaited crucial US consumer price index data. Markets are looking for clues regarding the Federal Reserves upcoming monetary policy decisions amidst rising oil prices and geopolitical tensions.

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FILE PHOTO: Gold imitation and a U.S. dollar banknote are seen in this illustration picture taken February 20, 2026.

Gold held steady at $4,151.51 per ounce during Wednesday morning trading as investors awaited key United States inflation data. Spot prices showed little change ahead of the crucial economic reports.
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