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Gold dives as Hormuz clash boosts the US Dollar

Gold (XAU/USD) price tumbles more than 1.60% on Tuesday as the US Dollar (USD) strengthens on renewed haven demand following US strikes in southern Iran. At the time of writing, XAU/USD trades below the $4,500 mark after reaching a daily high of $4,580.

Source  Fxstreet1779821091
Brent Crude Returns to $100 Mark. US-Iran Conflict Heats Up Again, JPMorgan Sees Oil Prices Remaining High This Year

Tradingkey - On May 26, ET, the conflict in Iran escalated once again, leading both major crude oil futures to pare losses. WTI crude futures are currently down 3% at $93.70; Brent crude futures retur

Source  Tradingkey1779819500
Silver Price Forecast: XAG/USD consolidates with bearish undertone below key moving averages

Silver (XAG/USD) trades on the back foot on Tuesday, pressured by a firmer US Dollar (USD) and hawkish Federal Reserve (Fed) expectations amid ongoing tensions in the Middle East. At the time of writing, XAG/USD is trading around $76.43, down nearly 2.0% on the day.

Source  Fxstreet1779802199
Gold slips as markets weigh renewed US-Iran escalation amid ongoing negotiations

Gold (XAU/USD) loses ground on Tuesday as the US Dollar (USD) and Oil prices rebound after renewed US military strikes in southern Iran dampen hopes for a quick end to the Middle East war. At the time of writing, XAU/USD is trading around $4,511, easing from an intraday high of $4,580.

Source  Fxstreet1779796428
Oil: Extended Hormuz disruption reshapes energy outlook – Rabobank

Rabobank’s Michael Every argues that the Strait of Hormuz is unlikely to return to normal operations for up to three months, keeping a significant share of global Oil and gas flows constrained.

Source  Fxstreet1779794964
Gold Price Forecast: Downward-sloping 20-day EMA backs further losses

Gold price (XAU/USD) trades 0.85% lower to near $4,530 during the European trading session on Tuesday. The precious metal faces selling pressure amid growing concerns over the longevity of the ceasefire in the Middle East.

Source  Fxstreet1779792559
Dollar Index Continues to Strengthen, Can Gold Hold the $4,500 Level?

TradingKey - Recently, the US Dollar Index has continued to strengthen as the US-Iran conflict eases. Reports previously stated that both parties would reopen the Strait of Hormuz approximately 30 day

Source  Tradingkey1779789668
Brent: War headlines drive sharp swings – Deutsche Bank

Deutsche Bank’s Jim Reid and team note that Brent Oil has fallen sharply as hopes build for a deal to end the Iran war, with prices dropping back below $100. The bank links recent Oil weakness to reduced stagflation fears and lower inflation expectations.

Source  Fxstreet1779788273
Silver price today: Silver falls, according to FXStreet data

Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data. Silver trades at $76.06 per troy ounce, down 2.56% from the $78.06 it cost on Monday.

Source  Fxstreet1779787840
US Military Strikes Iran, Agreement "Needs a Few More Days": US-Iran Peace Talk Expectations Dashed Again, Will Oil Prices Rebound?

TradingKey - U.S. Secretary of State Marco Rubio stated on Tuesday that negotiations with Iran may take 'several more days' to finalize, once again dashing market expectations for an end to the U.S.-I

Source  Tradingkey1779786662
WTI extends recovery from two-week low, approaches $92.00 on US-Iran and Hormuz risks

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – regains some positive traction on Tuesday and recovers a part of the previous day's heavy losses to the $88.75-$88.70 region, or over a two-week low.

Source  Fxstreet1779784578
Silver Price Forecast: XAG/USD tumbles to near $76 amid renewed concerns over Mideast peace

Silver price (XAG/USD) trades 2% lower to near $76.50 during the European trading session on Tuesday. The white metal resumes its downside journey after rising in the last four trading days, as financial market participants turn cautious over peace in the Middle East.

Source  Fxstreet1779778892
WTI Price Forecast: Renewed Mid-East uncertainty supports oil prices; 20-day EMA still a barrier

West Texas Intermediate (WTI), futures on NYMEX, is up 1.8% to near $91.20 during the early European trading session on Tuesday.

Source  Fxstreet1779774727
Gold declines as USD strengthens on Fed hike bets and Iran peace uncertainty

Gold (XAU/USD) comes under renewed selling pressure during the Asian session on Tuesday and reverses a major part of the previous day's move higher to the $4,580 horizontal resistance.

Source  Fxstreet1779766705
US Secretary of State Rubio: Strait of Hormuz will be open 'one way or the other

US Secretary of State Marco Rubio said that the Strait of Hormuz has to be open “one way or the other," the Guardian reported on Tuesday. Rubio added that negotiating deal language with Iran may take a few days.

Source  Fxstreet1779765491
US forces conduct strikes in southern Iran in self-defense

US forces ‌conducted "self-defense strikes" in southern Iran on Monday, Fox News reported, citing a US Central Command spokesperson.

Source  Fxstreet1779751322
US President Donald Trump says Iran talks ‘proceeding nicely’ as deal appears closer

US President Donald Trump said negotiations toward a deal with Iran to end their conflict and reopen the Strait of Hormuz were "proceeding nicely,” Bloomberg reported on Monday.

Source  Fxstreet1779750807
Gold price rallies as Hormuz deal bets batter the US Dollar

Gold (XAU/USD) price edges up by over 1.30% on Monday amid thin trading due to the US Memorial Day holiday, yet sentiment remains positive as US equity futures are rising to new all-time highs, while the US Dollar dives. The XAU/USD pair trades at $4,570 after bouncing off daily lows of $4,519.

Source  Fxstreet1779736770
US and Iran ceasefire deal nears, Hormuz reopens – Nikkei

According to Nikkei, the US and Iran agreed to extend the ceasefire from early April for 60 days, the newspaper reported, citing a source.

Source  Fxstreet1779730509
Oil: WTI and Brent test key psychological levels – Scotiabank

Scotiabank’s Global FX Strategy team highlights that global benchmark Oil prices are lower, with WTI nearing the psychologically important $90/bbl level and Brent slipping toward the mid-$90s after briefly trading above $100/bbl.

Source  Fxstreet1779728520
US-Iran Rapprochement Boosts Macro Expectations. Supply Storm and AI Infrastructure Resonance, Four Major Investment Banks Bullish on Copper Performance

US-Iran Rapprochement Boosts Macro Expectations! Supply Storms and AI Infrastructure Converge as Four Major Investment Banks Bullish on Copper PricesTradingkey - Since the outbreak of hostilities in I

Source  Tradingkey1779727098
Gold: Key $4500 support under scrutiny – Scotiabank

Scotiabank’s Global FX Strategy team observes renewed strength in non-energy commodities such as copper, while emphasizing that Gold remains anchored by the technically important $4500/oz level.

Source  Fxstreet1779721128
Gold rebounds as hopes for US-Iran deal weigh on US Dollar, Oil prices

Gold (XAU/USD) rebounds sharply on Monday as hopes for a US-Iran deal to end the war in the Middle East and reopen the Strait of Hormuz weigh on the US Dollar (USD) and Oil prices. At the time of writing, XAU/USD is trading around $4,556, up 1.0% on the day.

Source  Fxstreet1779711325
WTI Oil dives to two-week lows sub-$90.00 amid hopes of a US-Iran peace deal

Oil prices gapped lower at Monday’s opening times, accelerating the decline observed in the last half of the previous week.

Source  Fxstreet1779710046
Gold Price Forecast: XAU/USD stretches towards $4,600 as Iran peace hopes hit the USD

Gold (XAU/USD) is trading higher on Monday, favoured by a moderate risk appetite amid recent comments from the US and Iran hinting at progress in peace negotiations.

Source  Fxstreet1779706597
U.S.-Iran Talks Reach Breakthrough, Oil Prices Slump More Than 5%, But Market Still Faces Multiple Variables

TradingKey - International oil prices slumped during Monday's Asian trading session as U.S. President Trump stated that U.S.-Iran negotiations were "largely finalized," with both Brent crude July futu

Source  Tradingkey1779703297
Silver price today: Silver rises, according to FXStreet data

Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $77.80 per troy ounce, up 3.02% from the $75.52 it cost on Friday.

Source  Fxstreet1779701609
Brent: Range-bound swings with Middle East risk – Rabobank

Rabobank’s RaboResearch Global Economics & Markets team notes that Brent Oil has fallen 5% again despite ongoing Middle East tensions, underscoring a pattern of repeated price pullbacks.

Source  Fxstreet1779694331
6% fall in one day: WTI Oil price tumbles on hopes of Hormuz reopening

West Texas Intermediate (WTI), futures on NYMEX, are down 6% to near $90 in the European trading session on Monday, the lowest level seen in over two weeks.

Source  Fxstreet1779692429
Gold sticks to gains as Iran diplomacy hopes weigh on USD; upside potential seems limited

Gold (XAU/USD) builds on its modest bullish opening gap and climbs to a four-day high, around the $4,580 region, during the Asian session on Monday.

Source  Fxstreet1779681919
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