Gold steadies as traders weigh Israel-Iran ceasefire, inflation risks
Gold prices held steady on Tuesday. Traders are watching a fragile ceasefire between Iran and Israel. Concerns about inflation and interest rate hikes are also in focus. Investors await US inflation data. This data will guide the Federal Reserve’s policy. Gold could reach $5,500 by year-end. This depends on oil prices, bond yields, and the Dollar.
Leave a Comment