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Ceasefire eases Gulf tension amid freight rate shifts
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No Relief Yet: Powell Holds Line Amid Tariffs, War Rumblings (week ending 6.27.25)
Gold and silver swung sharply this week as Middle East tensions and trade news dominated markets. Prices rose Monday on safe-haven buying after U.S. strikes on Iran’s nuclear sites, but plunged Tuesday to three-week lows as Iran and Israel agreed to a ceasefire. By Friday, easing geopolitical risks and a U.S.-China trade deal drove gold to a four-week low at $3,286.30, with silver slipping to $35.795. Next week’s data calendar is full, but the s…
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