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Gold steadies near $5,000 amid escalating Iran tensions and Fed policy outlook uncertainty
Gold steadied near $5,000 an ounce as traders weighed rising geopolitical risks in the Middle East, following comments from US President Donald Trump on Iran.
Gold steadied near $5,000 an ounce after two days of gains as traders weighed rising geopolitical risks in the Middle East, while US President Donald Trump's comments on Iran added to market uncertainty, and the Federal Reserve's outlook remains a key focus for investors.
Brief written with AI from reporting by Bloomberg. All rights to the original story belong to the publisher.