Singapore, 26 June 2026 – Gold steadied near the US$4,000-an-ounce level after US inflation data came in broadly in line with expectations, easing concerns that the Federal Reserve may need to move more aggressively on interest rates.
The precious metal rebounded after earlier weakness, supported by a softer US dollar and lower Treasury yields as traders reassessed the near-term outlook for monetary policy. Spot gold rose to around US$4,032 an ounce, while US gold futures also advanced, helping bullion recover from a recent slide below the psychologically important US$4,000 level.
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