Gold prices remained unchanged as progress in U.S.-Iran peace talks provided some regional stability. Rising expectations for a December Federal Reserve interest rate hike weighed on the metal. Traders increased bets on the rate increase.
Gold prices held steady as U.S.-Iran peace talks advanced. The developments offered a measure of regional stability according to market reports.
Escalating expectations of a December Federal Reserve interest rate hike overshadowed the precious metal. Traders placed heavier bets on the rate increase, shaping market sentiment.
Other precious metals recorded mixed price movements. The focus remained on the interplay between geopolitical talks and monetary policy signals.