SQUAWK/NEWS
Account
Theme
Account
Menu
Live News COMMODITIES ARTICLE M impact

Gold edges lower as markets price higher-for-longer Fed policy

Spot gold was down 0.4% to $4,325.03/oz by 12:10 p.m. ET, as traders priced more restrictive US Federal Reserve policy and watched the Middle East conflict.

GOLDXAUUSDPLXAGUSDXPDUSD

m. ET (1610 GMT) as markets priced in a more restrictive US Federal Reserve policy outlook this year. Traders also remained focused on the Middle East conflict.