Singapore GDP Grows 5.7% in Q2 2026 as AI-Driven Manufacturing Boosts Economy 
Japanese Yen Holds Steady as Intervention Hopes Grow Ahead of U.S. CPI Data 
China Q2 2026 GDP Misses Forecast as Weak Domestic Demand Offsets Export Strength 
Port of Los Angeles Posts Record June Cargo Volume as Importers Rush Ahead of U.S. Tariffs 
South Korea’s KOSPI Enters Bear Market Despite Remaining 2026’s Best-Performing Major Stock Index 
China Trade Surplus Hits $125.6 Billion as June Exports, Imports Smash Forecasts 
US Inflation Expected to Ease in June, but Fed Rate Hike Risks Persist Amid Middle East Tensions 
Oil Prices Surge as U.S.-Iran Conflict Escalates and Strait of Hormuz Risks Grow 
ECB's Kocher Says No Inflation Spillover Yet From Iran Conflict, Warns Risks Remain 
Dollar Holds Steady Ahead of U.S. CPI as Oil Surge, Middle East Tensions Keep Markets on Edge 
Goldman Sees Foreign Investors Driving India Stock Market Recovery 
Gold Price Holds Near Record High as Cooling U.S. Inflation Offsets Fed Caution 
Asian Stocks Slide as Oil Surge, U.S.-Iran Tensions and Fed Rate Bets Weigh on Markets 
Gold Price Holds Near $4,000 as Middle East Tensions and Fed Rate Hike Bets Grow 
South Korea Raises Interest Rates to 2.75% as Inflation and Weak Won Drive Tightening 
US Stock Futures Hold Steady as Soft Inflation Data Eases Fed Rate Hike Fears 
Oil Prices Climb as Trump Escalates Iran Pressure, Strait of Hormuz Risks Grow 
Gold prices retreated in Asian trading on Tuesday after reaching a three-week high, as investors locked in profits and the U.S. dollar strengthened amid renewed concerns over U.S. trade tariffs. Despite the pullback, ongoing trade uncertainty and geopolitical risks continue to support the broader outlook for bullion markets.
Spot gold fell 1.1% to $5,172.42 per ounce by 21:20 ET (02:20 GMT), easing from its strongest level since late January recorded earlier in the session. U.S. gold futures declined 0.6% to $5,193.44 per ounce. The precious metal had surged 2.5% in the previous trading session, driven by safe-haven demand as uncertainty surrounding U.S. trade policy intensified.
Silver prices also moved lower, dropping nearly 2% to $86.55 per ounce after posting gains for four consecutive sessions. The broader precious metals market faced pressure as the U.S. Dollar Index edged up 0.1%, recovering earlier losses to finish mostly unchanged on Monday. A firmer dollar typically weighs on gold and silver prices, as it makes commodities priced in dollars more expensive for investors using other currencies.
Investor sentiment remains sensitive to developments in U.S. trade policy. Last week, the U.S. Supreme Court struck down former President Donald Trump’s sweeping tariff measures. However, the administration quickly introduced new tariffs of up to 15%, reigniting fears of escalating global trade disputes. Trump further warned that countries attempting to “play games” with U.S. trade agreements could face even higher tariffs, signaling potential additional trade restrictions ahead.
Geopolitical tensions are also in focus, with the United States and Iran scheduled to hold a third round of nuclear talks in Geneva on Thursday. Ongoing regional strains and diplomatic uncertainty continue to fuel safe-haven interest in gold.
While gold prices have paused after recent gains, persistent trade tensions, a fluctuating U.S. dollar, and geopolitical risks may continue to influence the direction of the precious metals market in the near term.
