Silver and platinum moved lower as traders focused on Trump's threats against Iran.
Recent trading sessions in gold have started to show a consistent neutral tone around the $4,600 level, with price changes of just 0.9% over the last three sessions. For now, a short-term indecision bias has taken hold, linked to the cautious sentiment surrounding the Middle East conflict.
Gold: Range-bound trade with upside skew – DBS
The gold market has been very noisy on Tuesday, as we continue to see the bond markets driving where metals are going. The gold market continues to see a lot of choppiness, but longer-term I am bullish.
Gold: Near-term downside before late-2026 recovery – TD Securities
Earlier, gold was ticking a bit higher, along with equity indices. But it didn't feel like a market with real conviction behind it.
Gold trades choppy as Trump's Iran ultimatum weighs on market sentiment
Gold (XAUUSD) stalls near $4,650 as rising oil prices boost the USD and cap non-yielding assets. Discover the key trendline levels and why $4,800 remains the ultimate bull hurdle.
Gold Price Forecast: 20-day EMA acts as key barrier ahead of Trump's deadline to Iran
Oil prices jump due to escalating US-Iran conflict and a deadline for the Strait of Hormuz. European stocks are muted as caution reigns and Euro Area growth slows, showing stagflationary signals.
Gold: Central bank demand supports downside floor – ING
Gold price is stabilizing after last week's rebound stalled below 4,800, and the focus is now shifting to whether a dip toward 4,500 could act as a “springboard” for the next rally toward 5,000 and beyond. The move lower after failing to break 4,800 suggests that while buyers are present, they are not yet strong enough to fully reverse the broader trend.