News
Gold climbs on US'Iran ceasefire progress as Fed rate hike bets fade
18+ hour, 1+ min ago (743+ words) Gold (XAU/USD) price advanced more than 1. 50% on Friday amid news that Iran and the US are close to signing a deal aimed at extending the ceasefire for 60 days to allow negotiations on Iran's nuclear program. At the time of…...
Breaking: Gold drops to two-month low on fresh Iran tensions
2+ day, 8+ hour ago (244+ words) (This story was corrected on May 28 at 04: 17 GMT to say that the commodity tests the descending channel, not ascending channel support.) The Euro'slides 0. 3% to near 1. 1590 against the US Dollar during the Asian trading session on Thursday. The major currency pair…...
Gold flatlines near $4, 450 on US-Iran uncertainties, US PCE inflation data looms
2+ day, 13+ hour ago (360+ words) Gold price (XAU/USD) trades on a flat note around $4, 455 during the early Asian session on Thursday. The precious metal steadies as US-Iran peace negotiations face uncertainties. Traders prefer to wait on the sidelines ahead of the US Core Personal…...
Palladium: Supply gap remains intact " Commerzbank
1+ week, 4+ day ago (395+ words) Commerzbank's Carsten Fritsch, citing Metals Focus, reports that the palladium market is set for a fifth consecutive annual supply deficit in 2026. Demand is forecast to edge lower overall, with automotive demand broadly stable and no sharp e'mobility impact yet. Supply…...
Platinum: Market stays undersupplied but demand softens " Commerzbank
1+ week, 3+ day ago (544+ words) Commerzbank's Carsten Fritsch says platinum remains in a multi-year deficit, with above-ground stocks expected to cover less than three months of demand in 2026. However, World Platinum Investment Council (WPIC) data also point to a Q1 surplus and weaker demand. Fritsch sees…...
Gold sinks 2% as Iran war fuels fresh inflation shock
2+ week, 18+ hour ago (682+ words) Gold price retreats by over 2. 30% on Friday amid fears that prolonged hostilities between the US and Iran could trigger a second wave of inflation, forcing central banks to hike interest rates. The XAU/USD trades at $4, 551 after bottoming at around…...
Platinum: Repeated deficits tighten stocks " Commerzbank
2+ week, 22+ hour ago (396+ words) "At the start of the week, the World Platinum Investment Council (WPIC) will present its new forecasts for the platinum market. It is expected to forecast the fourth consecutive supply deficit for this year." "Even though the supply deficit is…...
Gold swells as Middle East peace hopes hit the US Dollar
3+ week, 18+ hour ago (704+ words) Gold (XAU/USD) rises some 0. 75% on Friday as financial markets remain optimistic about a possible end to the Middle East conflict, which could potentially drive Oil prices lower and ease inflationary pressures. At the time of writing, the XAU/USD…...
Gold surges as Middle East peace hopes crush Oil and the US Dollar
3+ week, 3+ day ago (878+ words) Gold (XAU/USD) rallies on Wednesday as the US Dollar (USD) and Oil prices tumble on hopes that the United States and Iran could reach a deal to end the war in the Middle East. At the time of writing,…...
Gold moves higher as US-Iran ceasefire hopes pressure the Dollar
1+ mon, 3+ week ago (465+ words) Gold gained momentum as sentiment improved on ceasefire developments involving the United States and Iran. Markets responded quickly to headlines suggesting a temporary pause in hostilities. This shift reduced immediate demand for the US Dollar, leading to broad weakness in…...