Gold poised for weekly loss as US delays decision on Middle East involvement

  • Posted on June 21, 2025
  • By Business News Today
  • 1 Views
Gold poised for weekly loss as US delays decision on Middle East involvement

Gold prices remained stable on Friday but are set for a weekly loss as President Trump delayed a decision on intervention in the Israel-Iran conflict. The U.S. central bank's steady interest rates also influenced the market, while safe-haven demand and central bank purchases are expected to support gold prices. Silver, palladium, and platinum experienced varied price movements.
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