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Gold stays steady amid U.S.-Iran deal cues

Gold stays steady amid U.S.-Iran deal cues

Gold prices remain near their highest levels in a week as investors await details of the US-Iran agreement and the Federal Reserve's decision. Spot gold traded at $4,331.29 per ounce, while US futures were at $4,351.40, reaching a high of $4,370.82 on Monday. This comes amid the fallout from the agreement aimed at easing tensions between Washington and Tehran, along with improvements in the oil market and inflation stabilization. The Federal Reserve is expected to keep interest rates unchanged, although expectations vary regarding future rate hikes.

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