From Investing.com: 2025-06-16 01:14:00

Gold prices remained steady as tensions between Israel and Iran continued to escalate. Investors are also awaiting the Federal Reserve’s decision on interest rates. The price of gold was at $1,800 per ounce. The conflict in the Middle East has heightened concerns about stability in the region, driving up demand for safe-haven assets like gold. The Federal Reserve’s decision on interest rates will also impact the price of gold, as lower rates tend to boost the precious metal’s appeal as an inflation hedge. Investors are closely monitoring developments in both areas.



Read more at Investing.com: Gold prices steady as Israel-Iran conflict rages on; Fed awaited