Gold Holds Steady With Fed Officials Split on Inflation Outlook

Gold held steady after the latest Federal Reserve minutes showed officials are divided over the outlook for interest rates.

Bullion traded around $3,313.56 an ounce as of 2:24 p.m. in New York following the release of minutes from the Federal Open Market Committee’s June meeting. The records revealed an emerging divide among policymakers that is being driven largely by differing expectations for how tariffs might affect inflation.