Gold Steadies As Investors Eye US-Iran Ceasefire
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Gold prices were largely steady on Thursday as investors remained cautious about the fragile U.S.-Iran ceasefire.
Spot gold inched 0.1% higher to $4,721.51 per ounce, as of 0523 GMT. U.S. gold futures for June delivery fell 0.7% to $4,744.90.
Investors were also mindful of a key U.S. inflation report due later in the day, also in focus for interest rate clues.
Minutes from the Federal Reserve’s March 17 to 18 meeting showed that more policymakers felt rate hikes could be needed
Gold prices were largely steady on Thursday as investors remained cautious about the fragile U.S.-Iran ceasefire.
Spot gold inched 0.1% higher to $4,721.51 per ounce, as of 0523 GMT. U.S. gold futures for June delivery fell 0.7% to $4,744.90.
Investors were also mindful of a key U.S. inflation report due later in the day, also in focus for interest rate clues.
Minutes from the Federal Reserve’s March 17 to 18 meeting showed that more policymakers felt rate hikes could be needed
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