Gold steadied, as traders weighed prospects for a negotiated settlement to the war in Iran that’s disrupted global energy supplies and heightened inflation risks.
Bullion was near $4 830 an ounce in early trading, having lost 0.2% in the previous session. US Vice President JD Vance is heading to Pakistan for the next round of talks, while Iran is also sending a delegation after saying earlier that it was hesitant to participate, according to people familiar with the plans. US President Donald Trump said a two-week ceasefire is due to expire on “Wednesday evening Washington time.”
