Gold Holds Modest Gains Amid Fed Hike Bets

Gold attracts buyers, snapping a three-day losing streak Gold prices have risen, ending a three-day decline, as some buyers returned to the market. The precious metal's gains are modest, supported by easing concerns around inflation and higher interest rates.

Gold attracts buyers, snapping a three-day losing streak

Gold prices have risen, ending a three-day decline, as some buyers returned to the market.

The precious metal’s gains are modest, supported by easing concerns around inflation and higher interest rates.

A 60-day roadmap for a US-Iran peace deal has helped calm inflation fears, but traders still expect a nearly 90% chance of a Fed rate hike by year-end.

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