#ZeeBusiness ”Gold flat as markets await US inflation data; Oil rises on Middle East tensions”
“Gold flat as markets await US inflation data; Oil rises on Middle East tensions”
Gold prices stayed flat on Wednesday as investors awaited key US inflation data, with bullion holding above $3,600 an ounce. US futures hovered near $3,685, while Treasury yields and the dollar firmed. ANZ raised its 2025 year-end gold forecast to $3,800, expecting a peak close to $4,000 by June. Copper traded above $9,900, supported by the Anglo American–Teck merger and supply disruptions. Oil gained for a fourth straight session, with Brent at $67, after Israel’s strike on Hamas targets heightened Middle East tensions.
#GoldPrices #OilMarket #CopperPrices #CommodityUpdate #MiddleEastTensions #A19Chipset #USInflation #FedRateCut #ANZForecast #GlobalMarkets #zeebusiness
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