Gold slipped modestly as markets reacted to Donald Trump’s announcement that he had authorized a new wave of attacks against Iran, while Gulf states sought more time to negotiate a nuclear deal. Prices hovered around $4,572 an ounce, up 0.6% from the previous close, reflecting a brief lift in demand amid geopolitical uncertainty for gold buyers in global markets.

The modest gain underscores investors’ sensitivity to inflation fears that have tightened bullion spreads. Earlier in the week, Trump’s remarks came after three Gulf states requested additional time to finalize a U.S.–Iran nuclear agreement, a development that temporarily eased concerns that sanctions could intensify and squeeze commodity pricing for global market participants as they anticipate potential policy shifts that could.

Gold’s upward movement offers a brief respite for traders eyeing safe‑haven assets, but the lingering uncertainty over a definitive ceasefire means volatility may persist. The metal’s current level, just above $4,570, signals that investors remain cautious about the broader economic impact of renewed Middle East tensions on inflation and commodity supply chains for future investments and market stability in the.