Gold Edges Higher as Traders Weigh Confusion Over US-Iran Talks
8 Articles
8 Articles
Emirates24|7
Gold steady amid uncertainty over US-Iran peace negotiations
Gold held steady on Tuesday as investors parsed a partial ceasefire between Hezbollah and Israel and awaited further details on the status of U.S.-Iran talks amid conflicting news.Spot gold was steady at $4,481.53 per ounce, as of 0217 GMT. U.S. gold futures for August delivery gained 0.1% to $4,511.20."At the start of this week, there was a lot of expectation that maybe we'd get a 60-day extension to the ceasefire over the weekend. Instead, i…
The price of gold rose more than a percent on Tuesday. Markets reacted to a decline in US bond yields and oil prices, which eased concerns about further acceleration of inflation and subsequent higher interest rates. Reuters reported. The spot price of gold reached around 11:00 CEST at 4525.72 USD (3886.07 euros) per troy ounce (31.1 g). This represents an increase of 1.1 percent compared to the close of the previous trading session. The August …
This article was originally published on Cedarnews.net. For more exclusive news and reports, visit our website. Gold prices rose slightly on Tuesday, supported by lower US Treasury yields and a partial halt to attacks between Hezbollah and Israel. The rise in gold prices today comes as investors await details on the status of US-Iranian peace talks amid conflicting reports. The yield on the benchmark 10-year US Treasury note fell slightly, reduc…
Gold and Silver Prices in India on 1 June 2026: Gold Slips on Iran Ceasefire Uncertainty; Silver Surges Past ₹2.68 Lakh/kg as Rupee Crosses ₹95
Gold and silver prices in India on 1 June 2026 opened the month on a mixed but eventful note. Gold futures on MCX traded lower, pressured by a strengthening US dollar and market caution around a potential Iran ceasefire decision by US President Donald Trump. Silver, however, bucked the trend, climbing sharply as a surging rupee, which crossed the ₹95 mark against the dollar, boosted domestic bullion sentiment. The divergence between the two meta…
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