<\/p>\n\n\n\n
Gold prices rose in Asian trading on Wednesday, recovering part of the sharp losses from the previous session as investors reassessed safe-haven demand amid the escalating U.S.\u2013Iran conflict and a powerful rally in the U.S. dollar.<\/p>\n\n\n\n
Spot gold climbed 1.2% to $5,150.63 per ounce by 01:45 ET (06:45 GMT)<\/strong>, while U.S. gold futures gained 0.8% to $5,166.40<\/strong>.<\/p>\n\n\n\n The rebound followed a steep 4.5% drop on Tuesday<\/strong>, when a surge in the dollar and rising U.S. Treasury yields pressured the precious metal.<\/p>\n\n\n\n The U.S. Dollar Index<\/strong> traded largely flat on Wednesday after jumping nearly 1.5% over the previous two sessions<\/strong>, reaching its highest level in six weeks<\/strong>.<\/p>\n\n\n\n The greenback was supported by safe-haven inflows and fading expectations that the Federal Reserve will cut interest rates soon<\/strong>.<\/p>\n\n\n\n A stronger dollar typically weighs on gold, as it makes the metal more expensive for buyers using other currencies, limiting international demand.<\/p>\n\n\n\n Despite the headwind from the dollar, ongoing geopolitical tensions in the Middle East continued to support bullion.<\/p>\n\n\n\n The confrontation between the United States and Iran<\/strong> has intensified following coordinated U.S. strikes on Iranian-linked targets, prompting retaliatory threats from Tehran and raising fears of a wider regional conflict.<\/p>\n\n\n\n Investors are increasingly concerned that the standoff could disrupt global energy flows and potentially draw additional regional powers into the conflict, increasing geopolitical uncertainty.<\/p>\n\n\n\n Oil prices remained elevated on fears of supply disruptions, particularly around key shipping routes in the Persian Gulf<\/strong>.<\/p>\n\n\n\n The surge in crude prices is adding to inflation concerns<\/strong>, which could complicate the outlook for global central banks, including the Federal Reserve.<\/p>\n\n\n\n Higher inflation expectations tend to support gold as an inflation hedge, but they can also push bond yields higher \u2014 a factor that may limit the metal\u2019s near-term upside.<\/p>\n\n\n\n With geopolitical tensions high and monetary policy expectations shifting, gold is likely to remain volatile as markets balance safe-haven demand against the strength of the U.S. dollar and rising yields.<\/p>\n","protected":false},"excerpt":{"rendered":" Gold prices rose in Asian trading on Wednesday, recovering part of the sharp losses from the previous session as investors reassessed safe-haven demand amid the escalating U.S.\u2013Iran conflict and a powerful rally in the U.S. dollar. Spot gold climbed 1.2% to $5,150.63 per ounce by 01:45 ET (06:45 GMT), while U.S. gold futures gained 0.8% …<\/p>\n","protected":false},"author":9,"featured_media":122477,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,6827,49,36],"tags":[],"class_list":["post-124368","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-daily-economic-reports","category-economic-reports","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/124368","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=124368"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/124368\/revisions"}],"predecessor-version":[{"id":124369,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/124368\/revisions\/124369"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/122477"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=124368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=124368"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=124368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Strong dollar caps gold\u2019s upside<\/h3>\n\n\n\n
Middle East tensions keep safe-haven demand alive<\/h3>\n\n\n\n
Rising oil prices complicate policy outlook<\/h3>\n\n\n\n