-
Gold flat as investors stay on sidelines ahead of Fed decision
Gold prices were flat in Asia trade on Wednesday as investors held back from placing large bets ahead of the US Federal Reserve’s policy decision, while also keeping a close watch on the developments surrounding the Israel-Iran conflict. Spot gold was flat at $3,388.04 an ounce, as of 0341 GMT. US gold futures were mostly unchanged at $3,406.50. “Gold fluctuated as investors tracked the escalation of risk in the Middle East. Tepid US reports on retail sales, housing and industrial output bolstered the case for the Fed to cut rates later this year,“ analysts at ANZ said in a note. Iran and Israel launched new ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From statssa.gov.za|Jun 18, 2025Annual consumer price inflation was 2,8% in May 2025, unchanged from 2,8% in April 2025. The CPI increased by 0,2% month-on-month in May 2025. The main contributors to the 2,8% ...
From @financialjuice|Jun 18, 2025|18 commentsIran's Nuclear Chief Eslami: The situation of Iranian nuclear facilities is ‘good’ - Fars News.
From bbc.com|Jun 18, 2025|1 commentUK inflation remained at 3.4% in the year to May as cheaper air fares offset higher food prices as the cost of chocolate and meat rose. The pace of price rises was the same as in ...
-
- Newer Stories
From gold.org|Jun 18, 2025Gold prices in May saw a pause in the uptrend after four consecutive months of gains, ending the month nearly flat just below US$3,300/oz.2 Trading was largely range bound, with ...
From kitco.com|Jun 18, 2025The gold market continues to consolidate below $3,400 an ounce as geopolitical tensions in the Middle East remain contained within the region. While risk events are creating some ...
From sharecafe.com.au|Jun 18, 2025Gold prices have surged 30% so far in 2025, outperforming long-established safe havens like the Japanese yen, Swiss franc, and US Treasurys. The rally reflects mounting investor ...
- Story Stats
- Jun 18, 2025 3:55am Posted byFundamental Analysis330
- Linked events:
