Nikkei Hits Record High as AI Chip Stocks Power Japan Market Rally 
Iran-U.S. Nuclear Talks Remain Unresolved as Strait of Hormuz Risks Keep Markets on Edge 
ECB’s Philip Lane Warns Middle East Conflict Could Keep Inflation Elevated 
Oil Prices Set for Sharp Weekly Losses as U.S.-Iran Ceasefire Hopes Ease Supply Concerns 
US Launches New Trade Investigation Into Vietnam Over Intellectual Property Concerns 
S&P 500 Hits Record High as Tech Rally Slows Amid Iran Peace Uncertainty 
European Stocks Rise as AI Optimism Offsets U.S.-Iran Tensions 
Dollar Gains Slightly as U.S.-Iran Tensions Keep Forex Markets on Edge 
US Dollar Slips as Markets Weigh Potential US-Iran Peace Deal and Oil Price Outlook 
U.S. Launches New Strikes on Iran as Trump Signals Peace Deal Uncertainty 
US Imposes Fresh Iran Oil Sanctions Despite Progress on Ceasefire Talks 
Wall Street Hits New Highs as U.S.-Iran Ceasefire Talks Boost Market Sentiment 
S&P 500, Nasdaq Hit Record Highs as Iran Ceasefire Talks and AI Rally Boost Markets 
U.S. Sanctions Iran’s Strait of Hormuz Authority as Global Oil Markets Face Turmoil 
Gold Prices Hold Near Record Levels as Inflation Concerns Offset Middle East Ceasefire Hopes 
South Korea Central Bank Holds Interest Rates Steady Amid Inflation Concerns 
Canada and Germany Advance Major LNG Supply Partnership 
Gold prices climbed sharply in Asian trading on Tuesday, extending a rally that has pushed bullion to a series of record highs. The surge reflects growing investor anxiety over U.S. trade policies under President Donald Trump, escalating geopolitical tensions, and cautious sentiment ahead of a key U.S. Federal Reserve meeting. Together, these factors have strengthened safe-haven demand for gold and other precious metals.
Spot gold rose 1.1% to around $5,062.97 per ounce in early Asian hours, while April gold futures slipped slightly to $5,098.26 per ounce. Despite the marginal pullback in futures, spot gold remained near historic levels after hitting a record high of $5,111.11 per ounce on Monday. The strong performance highlights gold’s role as a hedge during periods of global uncertainty and market volatility.
Other precious metals also posted solid gains. Spot silver jumped nearly 4% to about $107.94 per ounce, after briefly touching a record high above $111 per ounce. Platinum prices climbed 2.7% to roughly $2,656.27 per ounce, reflecting broad-based strength across the metals complex as investors sought alternatives to riskier assets.
Market nerves have been fueled by renewed trade tensions, particularly after President Trump threatened aggressive tariffs against several U.S. allies. These included warnings of 100% tariffs on Canada over potential trade links with China, as well as an increase in tariffs on South Korean goods to 25%. Although Trump eased some rhetoric regarding Europe and Greenland, uncertainty over future policy moves continues to weigh on global markets.
Geopolitical risks have further supported gold prices, with heightened tensions in Iran and the Middle East following the arrival of U.S. naval assets in the region. Analysts note that such risks, combined with economic and political uncertainty, have broadened gold’s appeal across regions and investor profiles, including strong interest from China and India.
Reflecting this backdrop, Singapore-based OCBC raised its 2026 gold price forecast to $5,600 per ounce, citing sustained demand for safe-haven assets. While short-term profit-taking could trigger brief pullbacks, the long-term outlook for gold remains supported by persistent global uncertainty.
