← Latest news 
Gold holds steady as investors wait for Powell on Iran war economic shock
Economy
Published on 29 April 2026
Powell’s next words could move gold before ECB decisions
Gold prices stayed largely steady as investors held their breath for remarks from U.S. Fed Chair Jerome Powell, seeking clarity on how the Iran conflict may affect the economy. Attention is also turning to this week’s central bank decisions from the ECB, BoE, and BoC, which could further shape rate expectations and commodity demand.
- Gold was largely steady as traders awaited Powell’s comments
- Investors are focused on the Iran conflict’s potential economic impact
- ECB, BoE, and BoC decisions could influence rate expectations
- Stalled peace talks add uncertainty to market outlook
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times