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Gold rose in early Asian trade on Tuesday (06/17) after U.S. President Donald Trump called for the immediate evacuation of Tehran, boosting demand for the precious metal as investors monitor hostilities between Israel and Iran. Trump issued the call to evacuate the Iranian capital in a social media post hours after he urged Iranian leaders to sign a deal to curb its nuclear program. Source: Newsmaker.id
Gold (XAU/USD) prices extended its steady intraday decline from near two-month tops and eased to the $3,400 range during the early European session on Monday. A generally positive sentiment around equity markets was seen as a key factor undermining the safe-haven bullion, which now seems to have snapped three consecutive days of winning streak. Source: Newsmaker.id
Silver prices fell on Monday (6/16) as investors locked in profits following a sharp rally that pushed the metal to a 13-year high. Despite the decline, silver remains supported by resilient industrial demand. Persistent supply shortages, and its appeal as a safe haven amid ongoing economic uncertainty. Fundamentally, the metal's critical role in solar energy, electronics, and broader electrification efforts accounts for more than half of global demand. Source: Newsmaker.id
Gold prices rose near their highest levels on Monday during the Asian session (6/16), driven by safe haven demand as geopolitical tensions escalate in the Middle East following Israel's massive attack on Iran. On Sunday night, Iran and Israel launched about 100 drones into Israeli territory in retaliation. The escalating tensions add another layer of market uncertainty, following US President Donald Trump's trade policies. Source: Newsmaker.id
Silver prices attracted some sellers around $36.20, ending during Asian trading hours on Friday (6/13). Lower-than-expected US inflation in May has prompted traders to raise their bets on a Federal Reserve (Fed) interest rate cut. Geopolitical tensions escalated after Israel attacked Iran as tensions escalated over US efforts to halt Iran's production of atomic bomb materials. Source: Newsmaker.id
U.S. President Donald Trump announced Monday evening on Truth Social that Israel and Iran have agreed to a "Complete and Total CEASEFIRE" following what he referred to as "THE 12 DAY...
Gold moved above $2600 on Monday during the Asian trading session. Currently, Gold is still struggling to capitalize on last week's modest recovery from a one-month low and is fluctuating.
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