Gold gains over 1% on pause in US-Iran fighting; Fed decision looms
Gold prices climbed over 1% as a pause in hostilities between the U.S. and Iran shifted investor focus toward the upcoming Federal Reserve meeting.
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Gold prices climbed over 1% as a pause in hostilities between the U.S. and Iran shifted investor focus toward the upcoming Federal Reserve meeting.
The US has paused its nightly airstrikes on Iran amid advancing talks and new Houthi attacks on Saudi oil sites.
Gold prices remain a focal point for investors as shifts in Middle East diplomatic sentiment and interest rate expectations influence market volatility.
Oil prices are surging as renewed US-Iran hostilities and threats to Red Sea shipping routes trigger a return of the geopolitical risk premium.
Gold prices have declined by over 1% as escalating Middle East tensions fuel expectations for further interest rate hikes.