Business • Jun 23, 2025

Gold prices climb amid Middle East tensions

Gold prices inched up on Monday, with investors looking for safer bets after US strikes hit Iranian nuclear sites.
The move has everyone a bit on edge about what could come next, pushing spot gold to $3,371.30 per ounce.
US gold futures held steady at $3,387.20.

TL;DR

Investors eye Fed's next move on rates

With the world watching for Iran's response and President Trump warning of more action unless things cool down, markets are feeling the pressure.
The precious metals scene is all over the place—silver ticked up slightly, but platinum and palladium slipped.
Meanwhile, debates inside the US Federal Reserve over inflation and interest rates add another layer of uncertainty to an already tense global mood.