Silver

The inflation backdrop typically supports gold as a hedge, but high interest rates dull the metal’s appeal by boosting returns on yield-bearing assets.

Gold steady as investors weigh Middle East risks ahead of Fed decision

The US central bank is widely expected to hold rates steady for a second straight meeting

While gold is traditionally viewed as an inflation hedge, elevated interest rates boost the appeal of yield-bearing assets, dampening the metal’s demand.

Gold steady as investors await central bank decisions, weigh Middle East risks

Higher crude costs stoke inflation by lifting transport and production expenses

Concerns over stagflation, a combination of slower growth and high inflation, may also prompt investors to turn to gold as a better store of value over the longer term.

Gold wavers near US$5,000 as Middle East war keeps oil prices elevated

Uncertainty over how long the war will last makes it difficult to assess the impacts on markets and the wider economy

For gold, higher energy prices and rising inflationary concerns have greatly reduced expectations that the US Federal Reserve and other central banks will cut interest rates.

Gold set for second weekly decline as oil prices rally further

Bullion has still gained around 18% so far this year and has largely held above the US$5,000-an-ounce threshold

Gold has still advanced nearly a fifth this year, gaining some support from its role as a haven in times of geopolitical upheaval.

Gold falls as traders weigh fading rate-cut bets and rising oil

Now entering its 13th day, the US-Israeli war with Iran continues to disrupt oil production and refining across the Middle East

The precious metal has held above the US$5,000-an-ounce level, finding some support as a haven asset during a period of geopolitical and trade upheaval.

Gold rises after report of oil-stockpile release to ease shock

Higher borrowing costs are a headwind for precious metals, which do not pay interest

Any sign that the White House is prepared to end the war with Iran – now in its second week – could lift some of the pressure that has weighed on gold.

Gold rises after Trump signals Iran conflict may be nearing end

The effective closure of the Strait of Hormuz has led oil prices to surge and raised concerns about inflation

Oil-driven inflation fears and delayed rate-cut expectations likely strengthened US yields and the dollar, outweighing safe-haven demand and pushing gold down.

Gold prices drop over 2% as firmer dollar, US rate outlook weigh

Investors expect the US Federal Reserve to keep interest rates steady at the end of its two-day meeting on Mar 18

The US dollar edged lower, making greenback-priced gold less expensive for holders of other currencies.

Gold gains on safe-haven demand, softer dollar

Bullion has risen about 20% so far this year