Gold steadies at $4,050 as US inflation data eases Fed rate hike fears. Gold at $4,600 in July 2026 priced at 1.0% YES.

Gold falls below $4,000 amid Fed rate hike speculation. Gold reaching $4,600 in July 2026 at 1.1% YES, and $4,500 at 4.3% YES.

Spot gold was up 0.6% at $4,023.77 per ounce by 0747 GMT, after touching its lowest level since July 1 at $3,983.29

Gold prices saw a slight increase on Wednesday as inflation data eased rate hike worries. Renewed Middle East conflict and rising oil prices, however, limited gains for the…