Gold prices have stabilized at around $4,348. This development is linked to stronger US inflation, which has increased the likelihood of a Federal Reserve interest rate hike. As a result, bullion is under pressure.
Further information on this situation is available from VT Markets. The current gold price and its relation to US inflation and potential Fed actions are the key points of discussion.
Details on the potential impact of the Fed hike odds on gold and other markets can be found through VT Markets, providing more insight into the current economic situation.