[Gold Prices Steady as Traders Await Peace Agreement Signing and Inflation Outlook] Reported by Golden Finance, on June 17, Wednesday morning, gold prices remained largely steady as traders awaited the signing of a temporary peace agreement between the U.S. and Iran. The agreement is expected to ease energy and inflation shocks caused by the conflict. Soojin Kim from Mitsubishi UFJ Financial Group (MUFG) wrote that the easing of inflationary pressures typically weighs on non-yielding assets like gold, but lingering geopolitical uncertainties and cautious investor sentiment continue to support this precious metal. She added that the market is also awaiting guidance from the Federal Reserve regarding inflation and interest rate outlooks. New York gold futures fell 0.2%, trading at $4,344.70 per ounce. (Sina Finance)