Gold prices edged up on Tuesday as Iran-Israel tensions boosted safe-haven demand but a stronger dollar capped gains, while silver surged to a 13-year high. Spot gold rose 0.2% to $3,390.59 an ounce as of 0151 pm EDT (1751 GMT).

BENGALURU] Gold prices held steady on Wednesday (Jun 18), as escalating tensions between Israel and Iran entered their sixth day, while a stronger US dollar capped gains ahead of the US Federal Reserve’s policy decision due later in the day.

Gold prices today dipped slightly as investors wait for the Federal Reserves rate decision, but rising tension from the Israel–Iran conflict and hopes for future U.S. interest rate cuts could soon push prices higher.