Metals

Gold falls as Trump’s rejection of Iran proposal fans US inflation fears

Trump labelled Iran’s latest response as ‘totally unacceptable’

Gold has fallen around 11% since the conflict erupted.

Gold rises as buying interest counters concern over Strait of Hormuz clash

Higher rates and a stronger US currency are negative for bullion as it pays no interest and is priced in the greenback

Gold has fallen around 11% since the conflict erupted.

Gold steady as US-Iran clashes dim truce prospects in Middle East

Higher rates and a stronger US currency are negative for bullion as it pays no interest and is priced in the greenback

Molten aluminium coming out of a casting furnace in Austria. The surge in commodity prices is driven in part by record-high prices for base metals, particularly aluminium.

World Bank warns of growing geopolitical commodity shocks, beyond oil crisis

Increasing geopolitical risk, despite the market resilience displayed so far, is weakening the global order

Gold remains under near-term pressure as inflationary concerns raise expectations for Federal Reserve rate hikes, which would weigh on non-yielding bullion.

Gold rises as Trump touts progress with Iran and dollar falls

Bullion has fallen more than 12% since the war began in late February

While gold is considered an inflation hedge, high interest rates make yield-bearing assets more attractive, weighing on its appeal.

Gold rebounds from over one-month low but inflation fears cap gains

Meanwhile, higher crude oil prices can stoke inflation, increasing the likelihood of higher interest rates

Gold has lost around 12% since the war began at the end of February.

Gold steady with focus on US Hormuz plan and Iran peace talks

The conflict has kept energy prices elevated, dimming hopes for interest-rate cuts by central banks, a negative for non-yielding bullion

Gold has fallen about 13% since the war began in late February.

Gold rebounds as US-Iran war concerns revive safe haven appeal

Bullion is set for a second monthly decline in April, as the conflict in the Middle East sends energy prices soaring

Spot gold was up 0.1% at US$4,598.45 per ounce, after falling to its lowest level since Apr 2 in the previous session.

Gold steady as markets await Powell’s comments on Iran war impact

Investors expect the Fed to hold interest rates steady at the end of its two-day meeting, ending later in the day

Gold has lost about 11% since the conflict began at the end of February.

Gold steadies as traders weigh diplomatic push to end Iran War

The standoff has reduced daily transits via the strategic waterway to near zero, choking off flows of crude, natural gas and oil products