Bullion movement: Gold prices to track US–Iran peace talks, Fed signals and key data releases this week
https://timesofindia.indiatimes.com/photo/131424989.cms" style="margin-top: 3px; margin-right: 5px;" />Gold prices face a mixed outlook this week, influenced by US-Iran peace talks, oil market shifts, and crucial US economic data.
Federal Reserve officials' speeches will also guide interest rate expectations, impacting bullion's near-term trajectory.
Analysts suggest a sideways to corrective momentum for precious metals, with progress in peace discussions potentially easing safe-haven demand.
US-Iran Ceasefire Crumbles Amid Strikes
- Scoop: U.S. and Iran reach deal but need Trump's final approval, officials say Axios —
- Vitol Awarded Namibia Fuel Supply Deal From July to September Bloomberg —
- US forces ready to re-engage in Persian Gulf if needed, says Hegseth LBC —
- Damn the torpedoes — More ships are quietly slipping through the Strait of Hormuz as helicopters scare off Iran’s fast-attack boats Fortune —
- US military fires on Gambia-flagged ship violating Iran blockade The Straits Times —