Gold

Gold holds loss as traders weigh prospects for US-Iran deal

GOLD held a loss, as fresh clashes in the Persian Gulf weighed on hopes for a US-Iran peace deal and reinforced concerns that inflation could keep interest rates higher for longer.

Gold rallied to a record earlier this year, stoking investor interest in the commodity, including in Asia.

Malaysia jolts bullion trade with 10% import duty on gold bars

Malaysia imported around US$2.5 billion of non-monetary gold through April this year

Under Vinhome's scheme, the value of gold converted into cash must cover at least 80% of a property’s purchase price.

Vinhomes lets homebuyers pay with gold, tapping Vietnam’s vast private hoards

The country’s largest residential developer also offers 110% buyback options after five years

For Merdeka Gold, the listing would offer an alternate venue at a time when Indonesia’s stock market is under pressure.

Indonesia’s Merdeka Gold eyes Hong Kong debut with rare depositary receipt listing

The surprise in the deal is the potential reboot of the instrument known as HDRs for the first time in 12 years

Traders ramped up rate-hike bets as the war sent energy prices soaring and fanned inflation concerns.

Gold slips as strikes raise concerns on Iran talks, inflation

Bullion has slumped around 14% since the conflict erupted in late February

Bullion has traded within a fairly narrow range since falling sharply in the early days of the Iran war.

Gold gains as prospects of Iran deal temper inflation concerns

Bullion is down about 14% since the conflict began in late February

Gold has traded in a tight range since falling sharply in the early days of the conflict.

Gold steady as US-Iran signals keep rate hike bets simmering

Bullion is down nearly 14% since the war erupted in late February

Gold has traded in a narrow range since falling sharply in the early days of the Middle East conflict.

Gold steadies as hopes of US-Iran truce ease rate-hike bets

Bullion is down about 14% since the war began in late February

Unallocated accounts allow for faster and more scalable gold trading, which is important for liquidity.

Hong Kong targets July launch for new gold-clearing system

The government-owned mechanism will mirror the financial infrastructure used in London

Investors are waiting for the minutes of the Fed’s April policy meeting, due later in the day, to gauge the central bank’s monetary policy outlook.

Gold rises as interest rate fears ease on US-Iran deal optimism

The US Federal Reserve will avoid cutting rates this year