Fed Holds Rates, Gold Dips, SocGen Boosts Gold Stash

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Fed Holds Rates, Gold Dips, SocGen Boosts Gold Stash

On June 18, 2026, the Fed decided to keep interest rates steady, causing gold prices to take a nosedive to $4,290.52 per ounce. Meanwhile, the U.S. and Iran struck a deal that made oil prices relax a bit. Société Générale got smart and upped their gold stash from 7% to 10%, anticipating some exciting market twists ahead!