Gold prices steady amid US-Iran tensions and Fed outlook
Gold prices held steady on Monday as investors monitored US-Iran tensions. Markets are awaiting key inflation data to gauge the Federal Reserve interest rate path.
Xurve View
Insights:
Xurve View
Gold prices remained largely unchanged on Monday as market participants maintained a cautious stance, awaiting further developments in the geopolitical standoff between the United States and Iran. Spot Gold traded near $4,669.13 per ounce after recovering from a 1% drop earlier in the session, while U.S. gold futures edged up 0.3% to $4,694.20.
