Singapore, 16 July 2026 – Gold prices steadied as easing United States inflation reduced expectations of another near-term interest-rate increase, while geopolitical uncertainty and elevated oil prices kept investors cautious about the direction of monetary policy.
Bullion traded within a relatively narrow range as markets weighed two competing forces. Softer inflation strengthened the case for the Federal Reserve to maintain current interest rates, but rising energy costs raised concerns that price pressures could return later in the year.
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