---
title: "Gold Steadies as Traders Assess US-Iran Tensions, Fed Rate Path"
description: "Gold was steady after rising moderately the previous day, as traders assessed Middle East tensions following President Donald Trump’s comments that the US wouldn’t attack Iran before November midterm elections."
author: "Yihui Xie"
section: market-watch
published: 2026-10-09T01:07:08.390872+00:00
canonical: https://valorandventures.media/article/019f4967-bcc5-4553-8329-6d4256f96860
publisher: "Valor & Ventures Media"
source: "Bloomberg"
source_url: https://www.bloomberg.com/news/articles/2026-10-09/gold-steadies-as-traders-assess-us-iran-tensions-fed-rate-path
access: free
---

# Gold Steadies as Traders Assess US-Iran Tensions, Fed Rate Path

*Gold was steady after rising moderately the previous day, as traders assessed Middle East tensions following President Donald Trump’s comments that the US wouldn’t attack Iran before November midterm elections.*

## Article

Gold was steady after rising moderately the previous day, as traders assessed Middle East tensions following President Donald Trump’s comments that the US wouldn’t attack Iran before November midterm elections.
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Yihui Xie · Bloomberg

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Originally published by Bloomberg: https://www.bloomberg.com/news/articles/2026-10-09/gold-steadies-as-traders-assess-us-iran-tensions-fed-rate-path