New York, 30 April 2026 – Gold steadied after recent losses as investors weighed the US Federal Reserve’s decision to keep interest rates unchanged against rising inflation risks linked to the ongoing Middle East conflict.
Bullion was trading near US$4,550 an ounce in early dealings after falling 3.4 percent over the previous three sessions. The retreat came after the Fed held its benchmark rate at 3.50 percent to 3.75 percent, while signalling that the economic outlook has become more uncertain as higher energy prices threaten to keep inflation elevated.
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