Gold finds footing near US$4,500

FILE PHOTO: UK gold bullion bars are stacked at Baird & Co in Hatton Garden in London, Britain, October 8, 2025. REUTERS/Hiba Kola/File Photo

NEW YORK: Gold steadied after its first weekly gain since the Middle East conflict began, as dip-buyers supported prices while the market awaited clarity on the duration of the conflict.

Bullion recovered some early losses to hold near US$4,500 an ounce, showing resilience despite the continued rise in oil prices and downturn in equities.