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fxJun 22, 2026, 11:35 PM

Gold Steadies Near $4,190 as US–Iran Talks Offset Fed Hawkishness

Gold prices trade flat around $4,190 during early Asian hours as traders weigh progress in US–Iran peace negotiations against a hawkish Federal Reserve stance.

XAUUSD

Gold (XAU/USD) is holding steady near $4,190 in early Asian trading on Tuesday, following a period of consolidation just below the $4,200 level.

The precious metal's muted price action reflects conflicting drivers: optimism over advancing US–Iran peace talks provides a supportive backdrop for safe-haven demand, while hawkish signals from the Federal Reserve continue to cap upside momentum.

Market participants remain cautious, balancing geopolitical developments with monetary policy expectations. Further clarity on either front could determine gold's next directional move.

Source: FXStreet Forex News