Gold Climbs Above $4,100 as Easing Middle East Tensions Shift Market Focus - Tekedia

Gold moved back above $4,100 an ounce as easing U.S.-Iran tensions reduced immediate war fears and pushed oil prices lower.

Even so, investors continued to favor gold as a safe haven amid inflation concerns and broader economic uncertainty.

Central bank buying and expectations around the Federal Reserve are helping keep demand for the metal strong.

The move shows gold can stay supported even when geopolitical risk temporarily cools.