Gold Prices Steady Amid Reports of US Proposal for Iran Sanctions Waiver

Gold prices remained stable after reports indicated the U.S. may temporarily waive sanctions on Iranian oil, countering concerns about rising inflation and potential interest rate hikes. The market is closely watching developments in negotiations over reopening the Strait of Hormuz.

By Yihui Xie Mon, May 18, 2026 at 3:27 PM GMT+3 2 min read · Yahoo Finance ·

Gold Prices Steady Amid Reports of US Proposal for Iran Sanctions Waiver

Tickers: $JPM

Topics: gold hormuz strait interest rates iran sanctions

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