Story · US
Gold Steadies as Traders Assess Rates Path After US-Iran Clashes
Gold prices stabilized around US$4,010 an ounce on Monday, recovering slightly after sliding more than 2% last week. The precious metal has hovered in a narrow range near US$4,000 in recent weeks, following a 14% loss in the second quarter—its worst performance since 2013. Traders are assessing the interest rate path in the context of recent US-Iran clashes, which have added geopolitical uncertainty to the market. The article, published by The Business Times on July 20, 2026, highlights the interplay between geopolitical tensions and monetary policy expectations in driving gold's price action.
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