Commodities
Gold Prices Steady Amid US-Iran Tensions and Jobs Data
Gold prices remained stable on Tuesday as investors weighed conflicting signals from US-Iran talks and awaited key jobs data that could influence the Federal Reserve's interest-rate path.
Spot gold was steady at $4,055.39 per ounce, with US gold futures rising 0.6% to $4,055.10.
US President Donald Trump said negotiations with Iran were underway, warning it was a 'last chance' for Tehran to sign a good deal to end the five-month-old war, but Iran denied any talks or plans.
The ongoing conflict has driven up energy costs and stoked inflation fears, which could prompt central banks to increase interest rates, potentially weighing on gold prices since it yields no interest.