Gold prices gained over 1% as investors tracked diplomatic efforts to ease the US-Iran conflict and assessed the impact on inflation and the Federal Reserve’s rate outlook. Spot gold rose 1.6% to $4,071.59 per ounce, while US gold futures climbed 1.5%. Analysts said bullion is attempting to build a base near the $4,000 level and regain upward momentum.
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.