Gold futures contracts on Bursa Malaysia Derivatives retreated at the close on Tuesday as geopolitical fears eased and investors pivoted their focus toward shifting monetary dynamics. SPI Asset Management managing partner Stephen Innés said gold's war-fuelled momentum has cooled alongside Middle East tensions, as US President Donald Trump's ceasefire deal between Israel and Iran appeared to be holding, for now. "With Tehran's retaliation largely symbolic and the Strait of Hormuz untouched, markets have backed off from pricing in a full blown regional escalation. That's drained the geopolitical risk premium out of ... (full story)