Gold steady as U.S. and Iran peace deal hopes rise

Gold prices remained stable on Thursday as optimism for a U.S.-Iran peace deal offset inflation fears. Spot gold traded at $4,534.69 as yields rose slightly.

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洞察:

Gold prices stabilized as optimism regarding a potential peace deal between the United States and Iran balanced inflation concerns. Spot gold fell 0.2% to $4,534.69 per ounce following a 1% gain on Wednesday. Investors are weighing geopolitical de-escalation against the likelihood of the Federal Reserve maintaining elevated interest rates.

Geopolitical Progress Buffers Price Volatility

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