IEA Warns China Rare Earth Export Curbs Could Threaten $6.5 Trillion in Global Production 
Asian Stocks Slide as Nikkei Leads Losses on Tech Selloff and Rising U.S.-Iran Tensions 
U.S. Imposes 25% Tariff on Select Brazilian Imports After Section 301 Trade Investigation 
Port of Los Angeles Posts Record June Cargo Volume as Importers Rush Ahead of U.S. Tariffs 
China Home Prices Fall Again in June Despite Slower Pace of Decline 
UBS Boosts China Tech Bets, Adds Kuaishou and Meituan to Focus List 
US Stock Futures Hold Steady as Soft Inflation Data Eases Fed Rate Hike Fears 
Oil Prices Rise as U.S. Strikes on Iran Raise Strait of Hormuz Supply Fears 
China Q2 2026 GDP Misses Forecast as Weak Domestic Demand Offsets Export Strength 
Asian Stocks Rise as Softer U.S. Inflation Boosts Sentiment Despite Middle East Tensions 
Gold Prices Slip as Oil Rally Fuels Inflation Fears, Strengthens Dollar 
Asian Currencies Stay Rangebound as Middle East Tensions, Weak China GDP Weigh on Sentiment 
Brazil Weighs IP Curbs, Patent Suspensions After New U.S. Tariffs 
US Stock Futures Fall as Netflix Outlook, Chip Selloff and Iran Tensions Weigh on Markets 
Nikkei Plunges 5% as AI Stock Selloff Spreads Across Asia 
Oil Prices Set for Weekly Surge as U.S.-Iran Conflict Fuels Supply Fears 
South Korea’s KOSPI Enters Bear Market Despite Remaining 2026’s Best-Performing Major Stock Index 
Gold prices declined in Asian trading on Tuesday as improving risk appetite and optimism over U.S.-China trade talks curbed demand for safe-haven assets. Spot gold dropped 0.8% to $3,308.32 an ounce, while August futures fell 0.8% to $3,327.75 by 00:23 ET.
After strong gains driven by economic uncertainty, Trump’s trade stance, and geopolitical tensions, gold reversed course as high-level negotiations between Washington and Beijing began in London. Hopes for progress in easing trade tensions overshadowed market worries, including unrest in Los Angeles tied to immigration protests and military deployment.
Investors also positioned themselves ahead of key U.S. inflation data due Wednesday, strengthening the dollar and putting further pressure on metal prices. President Trump indicated a willingness to ease restrictions on chip and tech exports to China, signaling potential breakthroughs in the trade dispute.
Other precious metals mirrored gold’s decline. Platinum futures slid 0.1% to $1,224.60 an ounce, retreating from a four-year high. Silver futures dipped 0.4% to $36.660, staying close to a 13-year peak. Despite recent pullbacks, gold remains up 26% year-to-date, supported by record highs earlier in 2025.
Copper prices also edged lower, with London Metal Exchange futures down 0.3% to $9,757.60 a ton and U.S. futures off 0.4% at $4.8848 a pound. Still, both benchmarks rose 1% in the prior session, buoyed by trade deal hopes despite weak Chinese economic data. May figures revealed a sharp drop in China’s copper imports and disappointing export growth, likely impacted by U.S. tariffs.
Overall, metals markets remain sensitive to macroeconomic signals and trade policy developments, with gold and copper prices fluctuating in response to shifting investor sentiment and geopolitical dynamics.
