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After steep losses, gold bounces from year-to-date lows as bargain hunters react to delayed Iran strikes
Gold rebounded from year-to-date lows on Monday. It traded near $4,375 after dipping below $4,100, the lowest since November 2025, then rose to an intraday high of $4,536. Reuters reported that Donald Trump told the Department of War to delay planned strikes on Iranian power plants and energy infrastructure for five days, pending talks. Oil fell, which eased inflation concerns and pulled down the US Dollar and Treasury yields. Fars said there were no direct US-Iran contacts, including via intermediaries. IRNA reported Iran said its position on the Strait of Hormuz and terms to end the war were unchanged, and it had ... (full story)
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- Mar 23, 2026 7:16pm Posted byFundamental Analysis176
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