Goldman Sees Foreign Investors Driving India Stock Market Recovery 
Australia Consumer Sentiment Rises in July as Fuel Price Relief Lifts Confidence 
South Korea Central Bank Set to Raise Interest Rates as Inflation Stays Elevated 
Singapore GDP Grows 5.7% in Q2 2026 as AI-Driven Manufacturing Boosts Economy 
Asian Currencies Stay Rangebound as Middle East Tensions, Weak China GDP Weigh on Sentiment 
Gold Prices Fall as US-Iran Conflict, Rising Oil Prices Fuel Fed Rate Concerns 
Australian Business Conditions Hold Steady as Easing Cost Pressures Face New Oil Price Risks 
Japanese Yen Holds Steady as Intervention Hopes Grow Ahead of U.S. CPI Data 
Dollar Holds Steady Ahead of U.S. CPI as Oil Surge, Middle East Tensions Keep Markets on Edge 
Gold Price Holds Near $4,000 as Middle East Tensions and Fed Rate Hike Bets Grow 
US Inflation Expected to Ease in June, but Fed Rate Hike Risks Persist Amid Middle East Tensions 
Dollar Eases as Middle East Conflict, Fed Outlook and Japan Pension Policy Drive FX Markets 
China Home Prices Fall Again in June Despite Slower Pace of Decline 
Iraq PM Visits Washington as U.S. Oil, Gas Deals Take Center Stage 
South Korea’s KOSPI Triggers Trading Curb as AI Chip Stock Selloff Deepens 
Gold Price Holds Near Record High as Cooling U.S. Inflation Offsets Fed Caution 
Dollar Slides as Softer US Inflation Dims Fed Rate Hike Expectations 
Gold prices edged lower during Asian trading on Tuesday as investors weighed geopolitical risks and monetary policy uncertainty. The precious metal remains range-bound, with traders closely monitoring developments surrounding potential U.S.-Iran peace talks and the upcoming Federal Reserve leadership decision.
Spot gold declined by 0.3% to $4,807.75 per ounce, while gold futures held steady at $4,827.39/oz. Despite ongoing geopolitical tensions, gold has struggled to break out of its recent $4,700–$4,900 trading range. Typically seen as a safe-haven asset, gold has underperformed since the escalation of the U.S.-Israel conflict involving Iran, as inflation concerns tied to the war have dampened demand.
Market sentiment remains cautious as uncertainty surrounds whether Washington and Tehran will resume negotiations before the current ceasefire expires. Former President Donald Trump indicated that a delegation led by Vice President JD Vance will head to Pakistan for potential talks. However, Iranian officials have expressed reluctance to engage while U.S. naval blockades remain in place, although reports suggest Tehran may still send representatives to Islamabad.
The fragile ceasefire is set to expire soon, raising concerns about renewed military conflict in the Middle East. Recent developments, including the U.S. seizure of an Iran-flagged vessel, have further heightened tensions and kept financial markets on edge.
In addition to geopolitical factors, investors are focusing on the Senate confirmation hearing for Kevin Warsh, Trump’s nominee for Federal Reserve Chair. His stance on interest rates and monetary policy is under scrutiny, particularly his perceived independence from political pressure. Warsh has previously supported lower rates but also advocated for reducing the Fed’s balance sheet, making his outlook less dovish than expected.
Gold and other precious metals, including silver and platinum, have faced pressure amid these developments. Analysts suggest that both geopolitical uncertainty and Federal Reserve policy direction will continue to influence gold price trends in the near term.
