Gold Prices Steady Amid US-Iran Negotiations and Inflation Concerns

Gold prices remained stable as markets balanced concerns over global inflation and rising interest rates against expectations of a diplomatic agreement between the United States and Iran. Spot gold traded at $4,543.96 per ounce, while US gold futures rose 0.2% to reach $4,545.50. US President Donald Trump stated that negotiations with Iran have reached their final stages, though he cautioned that a failure to reach an agreement could lead to new military strikes. These geopolitical developments triggered a decline in US Treasury yields and oil prices, while major stock indices trended upward. In other precious metals, silver prices remained unchanged, while platinum and palladium saw limited declines.