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).

Gold prices held firm during Wednesday’s Asian trading session as investors adopted a cautious approach ahead of the Federal Reserve’s anticipated announcement on interest rates. The metal’s status as a safe-haven asset gained strength amid escalating conflict between Israel and Iran,

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.