Topic
iran tensions
Gold Edges Higher as Yields Ease, Markets Await Fed Minutes Amid Iran Tensions
Gold prices edged higher in early Asian trade as US Treasury yields eased, with investors awaiting Federal Reserve meeting minutes. Spot gold rose 0.2% to $4,342.33 an ounce, while December futures fell 0.6%. Traders see a 65% chance rates stay unchanged in September and a 35% chance of a hike.
Precious Metals May Continue Rally, but Inflation and Rates Now Drive Bullion: MOFSL
Motilal Oswal Financial Services' H1 2026 Precious Metals Report finds gold's safe-haven appeal is now conditional on inflation, interest rates and monetary policy expectations. Rising bond yields are the key headwind for gold, outweighing geopolitical safe-haven demand, according to MOFSL's Navneet Damani.
Gold and Silver Face Key Test Next Week as US Dollar, Iran Tensions and Jobs Data Take Centre Stage
Gold and silver prices are expected to remain under pressure next week as investors assess US-Iran tensions, crude oil movements, and key global economic data including US non-farm payrolls. On MCX, gold futures fell 2.06% and silver plunged 6.4% this week, while Comex gold declined 3.5%. Analysts cite US dollar strength and lower crude prices as key drivers, with upcoming data likely to influence the Federal Reserve's rate path.
Wall Street Mixed as Tech Stocks Slide Amid Iran Tensions
US stock markets experienced mixed trading as technology stocks continued to decline and geopolitical tensions with Iran weighed on investor sentiment. The S&P 500 remained nearly flat, while the Dow Jones fell 0.5%.