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Gold declines to near $4,600 amid escalating Middle East tensions
Gold price (XAU/USD) trades with mild losses around $4,605 during the early Asian trading hours on Monday. Traders will closely monitor the developments surrounding the ongoing geopolitical tensions. Federal Reserve (Fed) Bank of New York President John Williams is set to speak later on Monday.Fxstreet
Mon, May 4
US President Donald Trump casts doubts on Iran peace proposal as details emerge
Efforts to mediate an end to the Iran war persisted as the war in Iran entered its third month, and US President Donald Trump hinted that Tehran’s latest peace proposal might not be enough to satisfy him, Bloomberg reported on Sunday.Fxstreet
Sun, May 3
Iran’s Azizi warns US interference in Hormuz will be considered a violation of the ceasefire
Ebrahim Azizi, a former commander in Iran's Islamic Revolutionary Guards Corps (IRGC) and current head of the parliamentary National Security and Foreign Policy Committee, said that any US interference in the new maritime regime of the Strait of Hormuz will be considered a violation of the ceasefireFxstreet
Sun, May 3
Silver price advances despite restrictive Fed stance, persistent inflation risks
Silver (XAG/USD) trades around $76.00 on Friday at the time of writing, up 3.05% on the day, supported by renewed demand despite a macroeconomic backdrop that remains challenging for non-yielding assets.
Fxstreet
Fri, May 1
Gold heads for second weekly loss as higher-for-longer rate bets dominate
Gold (XAU/USD) edges lower on Friday, heading for a second straight weekly decline as higher-for-longer interest rate expectations continue to dominate price action amid rising inflation concerns driven by elevated Oil prices.Fxstreet
Fri, May 1
WTI Price Forecast: Flattens above $102 but looks on track to revisit three-year high
West Texas Intermediate (WTI), futures on NYMEX, trades calmly around $102.25 during the European trading session on Friday. The Oil price has turned flat after an almost two-week-long rally hit a pause near $107.35 on Thursday.Gold holds in tight range as Iran tensions and mixed Fed signals curb upside
Gold (XAU/USD) struggles to build on the previous day's move higher and oscillates in a narrow band during the Asian session on Friday. The commodity manages to hold comfortably above the $4,600 mark, though it remains on track for a second straight weekly decline.Fxstreet
Fri, May 1
US President Donald Trump to hear military options as part of efforts to pressure Iran into deal
US President Donald Trump complained about congressional efforts aimed at limiting his war powers, the latest of which the Senate rejected this afternoon. Trump was expected to hear about updated military options for Iran from Pentagon officials on Friday, CNN reported on Thursday.Featured Tools
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