Gold pulls back near $4,610 as Iran rhetoric softens, Fed cut bets fade

Gold prices retreat on Thursday amid a de-escalation of US President Donald Trump’s rhetoric over Iran. Also, solid jobs data in the US prompted investors to trim Federal Reserve (Fed) rate cut bets. At the time of writing, XAU/USD trades at $4,609.

capitalindexers
capitalindexers
 Jan 16, 2026  0  0
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Gold pulls back near $4,610 as Iran rhetoric softens, Fed cut bets fade
Gold prices retreat on Thursday amid a de-escalation of US President Donald Trump’s rhetoric over Iran. Also, solid jobs data in the US prompted investors to trim Federal Reserve (Fed) rate cut bets. At the time of writing, XAU/USD trades at $4,609.
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