<\/p>\n\n\n\n
Gold prices climbed in Asian trading on Tuesday, moving back above key levels as easing oil prices provided some relief, while investors kept a close eye on the ongoing U.S.\u2013Israel war with Iran and a packed week of central bank meetings.<\/p>\n\n\n\n
By 01:26 ET (05:26 GMT)<\/strong>, spot gold rose 0.6% to $5,035.62 per ounce<\/strong>, while U.S. gold futures gained 0.8% to $5,039.94 per ounce<\/strong>.<\/p>\n\n\n\n The rebound followed a brief drop below the $5,000 level in the previous session<\/strong>, as a pullback in oil prices helped ease immediate concerns over inflation driven by the Iran conflict.<\/p>\n\n\n\n Despite the uptick, gold continues to trade within a $5,000\u2013$5,200 range<\/strong>, where it has largely remained over the past three weeks.<\/p>\n\n\n\n The metal is receiving mixed signals from geopolitical developments:<\/p>\n\n\n\n Higher inflation expectations raise the likelihood that central banks will keep interest rates elevated, which tends to weigh on gold.<\/p>\n\n\n\n Other precious metals moved higher alongside gold:<\/p>\n\n\n\n However, like gold, both metals have remained largely range-bound<\/strong> after pulling back from record highs reached in late January.<\/p>\n\n\n\n Market attention is now firmly on a series of major central bank meetings scheduled this week.<\/p>\n\n\n\n The U.S. Federal Reserve<\/strong> is set to announce its decision on Wednesday, with policymakers widely expected to keep interest rates unchanged<\/strong> amid uncertainty surrounding the economic impact of the Iran conflict.<\/p>\n\n\n\n Other key central banks meeting this week include:<\/p>\n\n\n\n Investors are particularly focused on how central banks will respond to the risk of energy-driven inflation<\/strong>, as oil prices remain elevated due to supply disruptions linked to the Middle East conflict.<\/p>\n\n\n\n Markets fear that persistently high energy costs could force policymakers to adopt a more hawkish stance<\/strong>, keeping interest rates higher for longer.<\/p>\n\n\n\n Such a scenario typically weighs on gold, as non-yielding assets become less attractive in a high-rate environment<\/strong>.<\/p>\n\n\n\n Notably, gold\u2019s strong rally earlier in 2026\u2014which saw prices approach $5,600 per ounce<\/strong>\u2014was largely driven by expectations of interest rate cuts<\/strong>. With those expectations now fading, bullion appears to be struggling for momentum despite ongoing geopolitical support<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":" Gold prices climbed in Asian trading on Tuesday, moving back above key levels as easing oil prices provided some relief, while investors kept a close eye on the ongoing U.S.\u2013Israel war with Iran and a packed week of central bank meetings. By 01:26 ET (05:26 GMT), spot gold rose 0.6% to $5,035.62 per ounce, while …<\/p>\n","protected":false},"author":9,"featured_media":117746,"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-124740","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\/124740","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=124740"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/124740\/revisions"}],"predecessor-version":[{"id":124741,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/124740\/revisions\/124741"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/117746"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=124740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=124740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=124740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Gold remains range-bound amid mixed signals<\/h3>\n\n\n\n
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Other metals also advance<\/h3>\n\n\n\n
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Central bank meetings in focus<\/h3>\n\n\n\n
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Inflation outlook remains key driver<\/h3>\n\n\n\n