Gold steady as investors await details of US-Iran peace deal
- Posted on June 16, 2026
- By Business News Today
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- 1 min read
Gold steady as investors await details of US-Iran peace deal
Gold prices held steady after a significant rise, with investors awaiting details on a preliminary U.S.-Iran peace deal. The agreement aims to extend a ceasefire and reopen the Strait of Hormuz. Meanwhile, Citi raised its gold price forecast, and the Federal Reserve's policy decision is anticipated.
