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Gold Steadies as US-Iran Peace Talks Frame Inflation Outlook

Gold Steadies as US-Iran Peace Talks Frame Inflation Outlook
Bloomberg Markets Tuesday 30 June 2026, 23:57 UTC By Yihui Xie 1 min read
Key Points

Gold Steadies as US-Iran Peace Talks Frame Inflation Outlook Gold was steady, with traders assessing peace talks between the US and Iran and weighing a fresh slew of US economic data for clues on the Federal Reserve’s next move on interest rates. Bullion held near $4,000 an ounce, having given up almost 2% in the last two sessions. Two envoys for US President Donald Trump arrived in Doha as part of ongoing negotiations with Iran, but mediator Qatar downplayed prospects for a major...

Gold Steadies as US-Iran Peace Talks Frame Inflation Outlook Gold was steady, with traders assessing peace talks between the US and Iran and weighing a fresh slew of US economic data for clues on the Federal Reserve’s next move on interest rates. Bullion held near $4,000 an ounce, having given up almost 2% in the last two sessions. Two envoys for US President Donald Trump arrived in Doha as part of ongoing negotiations with Iran, but mediator Qatar downplayed prospects for a major breakthrough and said the officials weren’t set to meet directly with their Iranian counterparts. [Image text:] 2021 eun DZECOLD 2015 TA P
US (LOCATION) Iran (LOCATION) the Federal Reserve’s (ORG) Donald Trump (PERSON) Doha (LOCATION) Qatar (LOCATION) Iranian (ORG)
Originally published by Bloomberg Markets Read original →

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