With the stable Middle East truce reducing geopolitical risk premium, gold and silver reacted to technical pressure. Gold broke lower below $4,500 targeting $4,453 while silver held near $76.59 with neutral-to-bearish structure.
Gold remains on the back foot as Iran risks and hawkish Fed bets underpin US Dollar
Gold trades at rare discount in India after tariff shock
Gold declines to near $4,500 as renewed US‑Iran tensions, Fed tightening bets weigh
Gold dives as Hormuz clash boosts the US Dollar
Gold sees a lot of choppiness on Tuesday, as we are waiting for clarity yet again in the Middle East. At this point, it is a very difficult market to trade in.
Gold prices slipped more than 1% by midday in London as investors attempted to digest another turn in the US-Iran narrative. While geopolitical uncertainty would normally provide a stronger haven bid for bullion, this narrative is complicated by a rebounding in energy prices and bond yields.
Gold prices rise as falling oil and softer PCE expectations support lower yields. See what could drive the next move in XAU/USD.
With the stable Middle East truce reducing geopolitical risk premium, gold and silver reacted to technical levels. Gold tested $4,523 channel floor with bearish continuation while silver held near $76.12.
Saudi Arabia Gold price today: Gold falls, according to FXStreet data
Philippines Gold price today: Gold falls, according to FXStreet data
United Arab Emirates Gold price today: Gold falls, according to FXStreet data