Gold barely budged as Iran seizes ships, Trump extends cease-fire
NewsBytes | April 23, 2026 11:39 AM CST
Wall Street rises, Fed cuts unlikely
Despite the drama, Wall Street stocks have gone up thanks to the ongoing cease-fire.
Spot gold is now at $4,744.31 an ounce (up just 0.1%), and silver, platinum, and palladium have all seen small bumps too.
Inflation worries are growing though, so do not expect any interest rate cuts from the Federal Reserve for at least six months.
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