empty
 
 

2026.03.1100:34:13UTC+00Gold Extends Gains

Gold climbed to around $5,210 per ounce on Wednesday, extending gains from the previous session as the escalating conflict in the Middle East kept markets on edge. The Pentagon said Tuesday that the US and Israel had launched their most intense strikes yet on Iran and would continue until the Islamic Republic is defeated, adopting a more aggressive stance after earlier comments from President Donald Trump had suggested the conflict might soon ease. US officials also sent mixed signals, heightening uncertainty, with the White House stating that the US had not escorted an oil tanker through the Strait of Hormuz—contradicting a now-deleted social media post by Energy Secretary Chris Wright. At the same time, investors are closely watching upcoming US inflation data, which is projected to remain well above the Federal Reserve’s target even before accounting for the impact of the war. Markets have now scaled back expectations for monetary easing, with traders pricing in just one interest rate cut by the Fed this year.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback