Gold Price Today Near $5,000: Fed Call and Iran Tensions Keep Bullion Stuck
Gold steadied near $5,000 an ounce Tuesday in New York, with spot prices at $5,004.71 and April futures at $5,008.20, as traders weighed Iran conflict risks against the upcoming Fed decision. Silver dropped 1.5%, while platinum and palladium rose. SPDR Gold Trust holdings fell to a nine-week low, and Comex futures trading volume is down 25% from pre-war levels. Brent crude rose 1.52% to $101.73 a barrel.