Gold steadied after a dramatic selloff that has pushed the metal down more than 15% since the start of the Middle East conflict.

Gold sank for a seventh session as the escalating war in the Middle East drove oil prices higher and reduced prospects for a US interest-rate cut in the near term. Silver slumped more than 10%.

Gold sank after a four-day rally, as traders weighed the escalating war in the Middle East against the prospect of a stronger dollar and elevated inflation.

Gold surged to a record above $5,500 an ounce, extending a breakneck rally fueled by a weaker dollar and investor flight from sovereign bonds and currencies to a ninth day.

Silver pulled back from a record high as investors took profits after a blistering rally and as the US refrained from imposing import tariffs on critical minerals.

Gold and silver rose as 2026 trading kicked off, building on their best annual performances since 1979.

Gold wavered as traders mulled the Federal Reserve’s outlook for interest rates. Bullion gained as much as 0.5% in US trading before paring some gains, while Treasury yields and the dollar declined.

Gold holdings in exchange-traded funds climbed to a month-end peak, a sign that investor inflows are continuing to add fuel to bullion’s scorching rally.

Gold steadied as the dollar edged higher, cooling a record-breaking rally that’s been further fueled by the US government shutdown and the political crisis in France.

Gold dipped from Tuesday’s record as most asset classes saw muted moves ahead of the Federal Reserve interest-rate decision later today.

Gold rose near a record high as traders geared up for an anticipated easing of the US Federal Reserve’s monetary policy this week and looked for clues on further rate cuts this year.

Gold steadied as investors pulled away from risky assets and waited for more clues on the Federal Reserve’s rate path.