Gold Steadies Near $5,000 as Iran Risks, Fed Outlook in Focus

Gold Fed Outlook in Focus

As of February 20, 2026, spot gold is trading near the $5,000 per ounce threshold, closing at approximately $5,001.07 in recent sessions. The market is currently characterized by a tug-of-war between heightened geopolitical safe-haven demand and a hawkish outlook from the Federal Reserve. 

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