<\/p>\n\n\n\n
Gold prices held largely steady on Monday, recovering from early losses as markets balanced renewed geopolitical risks against emerging signs of a potential diplomatic breakthrough in the Middle East.<\/p>\n\n\n\n
Spot gold traded flat at $4,682.42 per ounce as of 03:55 ET (07:55 GMT), while gold futures rose 0.6% to $4,709.75. The metal had posted a 4% gain last week before trimming much of those gains in the final session.<\/p>\n\n\n\n
Ceasefire Hopes Temper Safe-Haven Demand<\/strong><\/p>\n\n\n\n Market sentiment was supported by reports that the United States and Iran had received a framework for a potential ceasefire, which could lead to the reopening of the Strait of Hormuz as early as Monday.<\/p>\n\n\n\n The development raised cautious optimism among investors, slightly reducing demand for traditional safe-haven assets such as gold.<\/p>\n\n\n\n Trump Ultimatum Keeps Tensions Elevated<\/strong><\/p>\n\n\n\n Despite the diplomatic signals, Donald Trump maintained a hardline stance, warning that Iran must restore shipping through the Strait of Hormuz by Tuesday or face severe consequences.<\/p>\n\n\n\n Trump intensified rhetoric over the weekend, signaling that critical infrastructure could become a target if tanker traffic is not resumed. The comments have kept geopolitical risks elevated, limiting any significant downside in gold prices.<\/p>\n\n\n\n Oil Surge Continues to Shape Inflation Outlook<\/strong><\/p>\n\n\n\n The ongoing disruption in the Strait of Hormuz\u2014through which roughly one-fifth of global oil supply flows\u2014has pushed energy prices sharply higher this year, contributing to mounting inflation concerns.<\/p>\n\n\n\n Higher oil prices are reinforcing expectations that interest rates in the United States will remain elevated for longer, which tends to weigh on non-yielding assets like gold and cap its upside.<\/p>\n\n\n\n Dollar Weakness Offers Modest Support<\/strong><\/p>\n\n\n\n The U.S. dollar provided some support to gold, with the dollar index edging down 0.1% in Asian trading. A weaker dollar typically makes gold more attractive to international buyers.<\/p>\n\n\n\n At the same time, investors are digesting stronger-than-expected U.S. labor market data, which signals economic resilience but may also support a more cautious approach from the Federal Reserve on rate cuts.<\/p>\n\n\n\n Mixed Performance Across Precious Metals<\/strong><\/p>\n\n\n\n Other precious metals traded with a softer tone. Silver declined 0.6% to $72.58 per ounce, while platinum edged down 0.1% to $1,992.60 per ounce.<\/p>\n\n\n\n Market Outlook<\/strong><\/p>\n\n\n\n Gold remains caught between competing forces: geopolitical uncertainty supporting safe-haven demand, and rising inflation expectations alongside resilient economic data limiting its upside.<\/p>\n\n\n\n The trajectory of prices will likely depend on developments around the ceasefire framework and the status of the Strait of Hormuz, as well as evolving expectations for U.S. monetary policy.<\/p>\n","protected":false},"excerpt":{"rendered":" Gold prices held largely steady on Monday, recovering from early losses as markets balanced renewed geopolitical risks against emerging signs of a potential diplomatic breakthrough in the Middle East. Spot gold traded flat at $4,682.42 per ounce as of 03:55 ET (07:55 GMT), while gold futures rose 0.6% to $4,709.75. The metal had posted a …<\/p>\n","protected":false},"author":9,"featured_media":125217,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,6827,49,36],"tags":[],"class_list":["post-125347","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-daily-economic-reports","category-economic-reports","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/125347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=125347"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/125347\/revisions"}],"predecessor-version":[{"id":125348,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/125347\/revisions\/125348"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/125217"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=125347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=125347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=125347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}