Gold Steadies as Traders Weigh Mideast Tensions and Rate Outlook

Gold prices are steady as tensions in the Middle East and expectations for interest rates rise.

■Tensions in the Middle East are driving gold prices up as investors seek safer assets.

■Potential changes in interest rates can directly impact gold and other commodity prices.

■Investors are closely watching the performance of the dollar and other major currencies.

Factors Affecting Gold Prices

■Geopolitical tensions, - Economic growth expectations, - Central Bank decisions.

The future of gold prices depends on developments in the global economy and investor risk appetite.