Asian Markets Slide as New U.S. Strikes on Iran Spark Investor Caution 
Wall Street Reaches New Record Highs as AI Boom and Iran Ceasefire Hopes Boost Markets 
Oil Prices Fall as Markets Await U.S.-Iran Peace Deal Decision 
Gold Prices Hold Near Record Levels as Inflation Concerns Offset Middle East Ceasefire Hopes 
Oil Prices Set for Sharp Weekly Losses as U.S.-Iran Ceasefire Hopes Ease Supply Concerns 
US Imposes Fresh Iran Oil Sanctions Despite Progress on Ceasefire Talks 
South Korea Central Bank Holds Interest Rates Steady Amid Inflation Concerns 
Dollar Gains Slightly as U.S.-Iran Tensions Keep Forex Markets on Edge 
Wall Street Hits New Highs as U.S.-Iran Ceasefire Talks Boost Market Sentiment 
US Dollar Slips as Markets Weigh Potential US-Iran Peace Deal and Oil Price Outlook 
ECB’s Philip Lane Warns Middle East Conflict Could Keep Inflation Elevated 
U.S. Sanctions Iran’s Strait of Hormuz Authority as Global Oil Markets Face Turmoil 
US Launches New Trade Investigation Into Vietnam Over Intellectual Property Concerns 
Iran-U.S. Nuclear Talks Remain Unresolved as Strait of Hormuz Risks Keep Markets on Edge 
UK Grocery Inflation Slows to 3.1% as Supermarket Price Pressures Ease in May 2026 
U.S. Launches New Strikes on Iran as Trump Signals Peace Deal Uncertainty 
European EV Sales Surge in April 2026 as Tesla and Chinese Automakers Gain Ground 
Gold and silver prices edged lower on Tuesday, extending losses from the previous session as investors turned cautious ahead of major U.S. economic data releases and the Federal Reserve’s January meeting minutes. Thin trading volumes due to market holidays in both China and the United States contributed to subdued activity, while a stronger U.S. dollar added pressure on precious metals.
Spot gold declined 0.3% to $4,978.39 per ounce, while April gold futures also fell 0.3% to $4,996.69 per ounce. Silver prices experienced sharper losses, with spot silver down 0.9% to $76.0400 per ounce. In contrast, platinum prices bucked the trend, rising 0.5% to $2,030.61 per ounce.
The modest rebound in the U.S. dollar weighed heavily on gold and silver, as a stronger greenback typically makes dollar-denominated commodities more expensive for overseas buyers. At the same time, safe-haven demand remained present amid geopolitical tensions, particularly surrounding upcoming nuclear talks between the United States and Iran. Reports suggest Washington is increasing military pressure on Tehran in an effort to secure a diplomatic agreement, keeping investors on edge.
Market attention is now firmly focused on upcoming U.S. economic indicators. Industrial production data is scheduled for release on Wednesday, alongside the Federal Reserve’s meeting minutes, which could offer fresh insights into policymakers’ stance on inflation and interest rates. Later in the week, the Personal Consumption Expenditures price index, the Fed’s preferred inflation gauge, will be closely monitored for signals on future monetary policy.
Recent uncertainty around U.S. interest rate policy has weighed on gold prices, especially following President Donald Trump’s nomination of Kevin Warsh as the next Federal Reserve Chair. Warsh is widely seen as less dovish, prompting profit-taking after gold surged to record highs in January. Meanwhile, mixed economic data showed cooling inflation alongside improving labor market conditions, further complicating the outlook for precious metals investors.
