Commodities
Gold Prices Rise Amid Fed Uncertainty and Middle East Tensions
The gold price remained supported but range-bound this week, rallying above $4,100/oz before retreating to around $4,050/oz on Friday.
Despite a relief rally after the Federal Reserve held interest rates unchanged, three dissents in favor of a 0.25% hike increased the risk that tighter policy could arrive later in 2026.
The ongoing US-Iran war and Middle East shipping route instability supported gold's safe-haven appeal but raised concerns about inflationary implications.