PRECIOUS-Gold steadies as high Treasury yields blunt Mideast peace hopes

Fidelity
2026.05.20 08:11
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Gold prices steadied near a one-and-a-half-month low at $4,481.48 per ounce, impacted by high Treasury yields and a strong dollar. U.S. Vice President Vance noted progress in U.S.-Iran talks, while the Fed is expected to maintain interest rates this year. Investors await the minutes from the Fed's April meeting for insights on monetary policy. Spot silver, platinum, and palladium saw slight increases.