Gold holds $4,000 as Fed hawkishness offsets renewed Gulf risk

Spot gold and silver firmed late Thursday as lower Treasury yields and a softer U.S. dollar helped the metals rebound from Wednesday's selloff. Traders also reassessed U.S.-Iran risk in the Strait of Hormuz, providing a modest geopolitical support bid. The move appears tactical rather than fundamental, with no major price or policy catalyst reported.

Analysis

Spot gold and silver firmed late Thursday as lower Treasury yields and a softer U.S. dollar helped the metals rebound from Wednesday's selloff. Traders also reassessed U.S.-Iran risk in the Strait of Hormuz, providing a modest geopolitical support bid. The move appears tactical rather than fundamental, with no major price or policy catalyst reported.