Port of Los Angeles Posts Record June Cargo Volume as Importers Rush Ahead of U.S. Tariffs 
ECB's Kocher Says No Inflation Spillover Yet From Iran Conflict, Warns Risks Remain 
South Korea Raises Interest Rates to 2.75% as Inflation and Weak Won Drive Tightening 
Asian Stocks Slide as Oil Surge, U.S.-Iran Tensions and Fed Rate Bets Weigh on Markets 
China Trade Surplus Hits $125.6 Billion as June Exports, Imports Smash Forecasts 
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 
China Home Prices Fall Again in June Despite Slower Pace of Decline 
Dollar Eases as Middle East Conflict, Fed Outlook and Japan Pension Policy Drive FX Markets 
Singapore GDP Grows 5.7% in Q2 2026 as AI-Driven Manufacturing Boosts Economy 
US Inflation Expected to Ease in June, but Fed Rate Hike Risks Persist Amid Middle East Tensions 
Oil Prices Rise as U.S. Strikes on Iran Raise Strait of Hormuz Supply Fears 
Australian Business Conditions Hold Steady as Easing Cost Pressures Face New Oil Price Risks 
Asian Currencies Stay Rangebound as Middle East Tensions, Weak China GDP Weigh on Sentiment 
South Korea’s KOSPI Triggers Trading Curb as AI Chip Stock Selloff Deepens 
Goldman Sees Foreign Investors Driving India Stock Market Recovery 
Gold prices edged higher during Asian trading on Monday, with silver also posting strong gains, as precious metal markets attempted to stabilize after a week marked by sharp volatility. The rebound comes amid lingering uncertainty over U.S. monetary policy, mixed safe-haven demand, and renewed investor focus on upcoming U.S. economic indicators.
Spot gold rose 0.7% to $4,996.47 per ounce, briefly touching an intraday high of $5,046.79. April gold futures also advanced, gaining 0.8% to trade at $5,016.21 per ounce. Meanwhile, spot silver surged 3.3% to $80.5330 per ounce, continuing its recovery from last week’s lows near $60. In contrast, spot platinum underperformed, slipping 2.3% to $2,068.45 per ounce.
Investor attention this week is firmly fixed on major U.S. economic data releases, particularly nonfarm payrolls and consumer price index inflation figures. These reports are expected to provide fresh insight into the health of the U.S. economy and offer clues on the future direction of interest rates, a key driver for gold and silver prices.
Safe-haven demand for precious metals remained somewhat subdued after the United States and Iran signaled progress in weekend diplomatic talks. Both nations agreed to continue discussions surrounding Iran’s nuclear program, easing immediate geopolitical tensions and slightly reducing demand for defensive assets like gold.
Last week, precious metal markets experienced wild price swings as traders reacted to uncertainty surrounding U.S. monetary policy. Concerns intensified following President Donald Trump’s nomination of Kevin Warsh as the next Chairman of the Federal Reserve. The announcement triggered a rebound in the U.S. dollar, which pressured gold and silver prices and prompted profit-taking after their recent rallies.
Despite recent pullbacks from record highs seen in early February, gold and silver remain up approximately 15% and 5%, respectively, so far in 2026. With volatility likely to persist and key data ahead, investors continue to closely monitor economic signals that could shape the next move in precious metal markets.
