Gold
Fundamental Analysis

Gold Gains on US-Iran Talks but FOMC Uncertainty Caps Recovery

Gold recovered on Monday and Tuesday after a bearish week as traders applauded the resumption of indirect talks between the US and Iran. Oil prices fell, easing inflation worries and concerns about higher global borrowing costs. However, market participants turned cautious early Wednesday ahead of the FOMC policy meeting.  Spot gold (Source: Bloomberg) Reports revealed Read More…