Gold prices steady amid Middle East tensions and US inflation data anticipation
Story essentials
Global financial markets
Global
August 12, 2026
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COMPAMIR Editorial Team
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Read our editorial policy- Earlier version 18/12/2026, 4:21:07 AM
Gold prices remained near $4,370 an ounce as traders await US inflation data. Market sentiment is influenced by potential diplomatic efforts to reopen the Strait of Hormuz. Oil price volatility continues to impact Federal Reserve rate hike expectations.
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