Gold ticked higher on Wednesday as markets awaited the Fed’s first policy decision under new chair Kevin Walsh and monitored details of a US‑Iran peace accord that could shift risk sentiment. Independent metals trader Tai Wong said: "Buyers may be wa

2026-06-17

Gold ticked higher on Wednesday as markets awaited the Fed’s first policy decision under new chair Kevin Walsh and monitored details of a US‑Iran peace accord that could shift risk sentiment. Independent metals trader Tai Wong said: "Buyers may be wagering Walsh will signal dovishness later, so gold is slowly climbing despite muted equities and firmer yields and the dollar." FXTM senior research analyst Lukman Otunuga said: "If the $4,300 support holds, gold could push toward $4,350; a break below $4,300 could trigger selling toward the $4,250–$4,200/oz support band."