Back 19 Jun 2025

Gold rises on Middle East tensions, but Fed’s cautious outlook caps gains

Summary: Gold prices rose slightly due to safe-haven demand amid Middle East tensions, but gains were limited by the Fed’s cautious outlook on interest rate cuts. The Fed held rates steady but signaled a slower pace of future cuts, while also cautioning about potential inflation.

Link: https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-rises-middle-east-tensions-feds-cautious-outlook-caps-gains