On Wednesday morning, gold prices remained unchanged, while New York futures fell 0.2%

On Wednesday morning, June 17th, the gold price remained basically unchanged as traders waited for the signing of the temporary peace agreement between the United States and Iran. Sojin Kim from Mitsubishi UFJ (MUFG) stated that easing inflation pressure is dragging down gold, but geopolitical uncertainty and investor sentiment are providing support for gold, while the market is waiting for guidance from the Federal Reserve on inflation and interest rate prospects. New York gold futures fell 0.2% to $4344.70 per ounce. (Sina Finance)