The scorching rally that has been seen that gold prices shoot more than a quarter of this year has shot in recent months, since commercial tensions were relieved and, in signals, investors hesitate to enter these high levels.
Gold stabilized while investors observed the clearest signals that Israel-Iran tensions won spilled again in the war, and the new signs about the federal reserve rates cutting plans.
Bullion quoted about $ 3,335 for an early ounce in Asia after closing a little more on Wednesday. President Donald Trump said that US and Iranian officials will meet next week and that Israel’s conflict with Tehran was effective, but still warned that the fights “maybe they could start soon.”
Fed president Jerome Powell said the Central Bank was still struggling to determine the impact of Trump’s tariff agenda on consumer prices. The signs that inflation remains silenced could encourage the Central Bank to implement monetary flexibility before expected, which would benefit gold that interest does not pay.
Trump frustrated by the Take-T-Slow approach to cut the cuts of cuts: it is to consult a replacement for Powell in September or October, the Wall Street Journal reported.
The scorching rally that has been seen that gold prices shoot more than a quarter of this year has shot in recent months, since commercial tensions were relieved and, in signals, investors hesitate to enter these high levels. The solid purchases of the Central Bank and the expectations for cuts have also admitted bulls, which quotes around $ 160 below its record reached in April.
Oro increased 0.1 percent to $ 3,334.95 per ounce at 8:10 am to Singapore, after closing 0.3 percent higher on Wednesday. The spot Bloomberg Dollar index decreased 0.2 percent. Silver, paladium and platinum pink.
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Posted on June 26, 2025
