Gold remains steady amid subdued dollar, US Iran tensions

PSX Update • Sep 9, 2026

Gold prices remained steady on Wednesday as the US dollar stayed subdued and markets weighed renewed hostilities between the US and Iran alongside upcoming inflation readings that could shape the interest-rate trajectory.

September 09, 2026 (MLN): Gold prices remained steady on Wednesday as the US dollar stayed subdued and markets weighed renewed hostilities between the US and Iran alongside upcoming inflation readings that could shape the interest-rate trajectory. Currently, spot gold is slightly down 0.49% to $4,384.39 an ounce as of [10:10 am] PST, according to data reported by Mettis Global. The dollar's continued softness made b...