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Gold rises for a second day, yet cautious buyers face global rate expectations limiting further gains
Gold rose for a second day after dipping to about $4,420 and then reaching around $4,550 in early European trading on Monday. The US Dollar Index eased from a monthly high, which supported gold, but expectations of higher global interest rates may limit further gains. Energy price rises linked to conflict have raised inflation concerns. Reports included the US considering a ground invasion of Iran, while Yemen’s Houthis carried out missile and drone attacks on Israel within less than 24 hours and warned of more attacks. The conflict has increased concerns about trade disruption through the Bab el-Mandeb Strait, ... (full story)
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Trump on Iran: Will completely obliterate all of Iran's electric generating plants, oil wells, and Kharg Island if a deal is not reached
The United States of America is in serious discussions with A NEW, AND MORE REASONABLE, REGIME to end our Military Operations in Iran. Great progress has been made but, if for any reason a deal is not shortly reached, which it probably will be, and if the Hormuz Strait is not immediately Open for Business, we will conclude our lovely stay in Iran by blowing up and completely obliterating all of their Electric Generating Plants, Oil Wells and Kharg Island (and possibly all desalinization plants!), which we have purposefully not yet touched. This will be in retribution for our many soldiers, and others, that Iran has butchered and killed over the old Regimes 47 year Reign of Terror. Thank you for your attention to this matter. President DONALD J. TRUMP
Gold prices fell on Monday, as a surge in energy prices fuelled inflation worries and dampened expectations for U.S. Federal Reserve interest rate cuts this year. Spot gold fell 0.6% to $4,466.99 per ounce as of 0238 GMT. US gold futures for April delivery shed 0.6% to $4,496.30. Gold has lost more than 15% so far this month, marking its steepest monthly ...
*TRUMP: GOOD NEGOTIATIONS TODAY WITH IRAN ... *TRUMP ON IRAN: THEY HAVE BEEN REASONABLE ... TRUMP: PROVIDED US 20 LARGE OIL VESSELS THROUGH STRAIT OF HORMUZ STARTING TOMORROW MORNING TRUMP: NEGOTIATING BOTH DIRECTLY AND INDIRECTLY WITH IRAN. - FINANCIALJUICE ... TRUMP: BELIEVE WE WILL STRIKE A DEAL WITH THEM FAIRLY SOON || POSSIBLE WE MAY NOT REACH AGREEMENT Donald Trump indicated that a deal with Iran is within reach and may be finalized in the near term.