Gold steady as West Asia talks weigh on interest rate outlook

United States

What to know

  • The US and Iran both signalled that negotiations to restore shipping through the Strait of Hormuz were ongoing, raising hopes for a pickup in supply that would soften energy-driven inflationS1
  • Gold moved in a narrow range as traders monitored talks in the Middle East for signs of progress that would ease pressure on the US Federal Reserve to raise interest rates.S2
Timeline · newest first
2mos Thehindubusinessline

Gold steady as West Asia talks weigh on interest rate outlook

The US and Iran both signalled that negotiations to restore shipping through the Strait of Hormuz were ongoing, raising hopes for a pickup in supply that would soften energy-driven…

2mos Livemint

Gold Steady as Middle East Talks Weigh on Interest Rate Outlook

Gold moved in a narrow range as traders monitored talks in the Middle East for signs of progress that would ease pressure on the US Federal Reserve to raise interest rates.

Gold steady as West Asia talks weigh on interest rate outlook

2 outlets 2 reports

What to know

  • The US and Iran both signalled that negotiations to restore shipping through the Strait of Hormuz were ongoing, raising hopes for a pickup in supply that would soften energy-driven inflationS1
  • Gold moved in a narrow range as traders monitored talks in the Middle East for signs of progress that would ease pressure on the US Federal Reserve to raise interest rates.S2
Timeline · newest first

Sources · 2 citations

S1 Thehindubusinessline 1 report · EN
S2 LivemintLead 1 report · EN