Mounting fears weigh on spot gold, as XAU/USD strives to hold $4,600 during early Asian trade | Metals Mine

  • Mounting fears weigh on spot gold, as XAU/USD strives to hold $4,600 during early Asian trade

    From vtmarkets.com

    Spot gold opened the week slightly lower, with XAU/USD trying to hold $4,600 early in the Asian session. Markets turned risk-off after US President Donald Trump said on Tuesday he would destroy Iran if it does not reopen the Strait of Hormuz by Friday. Trump also said power plants and bridges would be targeted if Tehran does not comply after a ten-day truce. Iran announced reciprocal attacks on US “or related” infrastructure. Several Asian and European markets are closed for the Easter Monday holiday. Trading activity is expected to pick up again in the American session. West Texas Intermediate (WTI) was near ... (full story)

Comment Options
    • Older Stories  
    US Dollar Extends Gains on Strong Jobs Data and Oil-Driven Inflation Risks

    From puprime.com|Apr 5, 2026|1 comment

    The U.S. dollar extended its gains, supported by rising Treasury yields and escalating geopolitical tensions between the United States and Iran, which have heightened concerns ...

    Chinese Bonds Near Inflection Point as Inflation Path Shifts

    From finance.yahoo.com|Apr 5, 2026

    Chinese bonds may be reaching an historic turning point, with yields climbing from record low levels as deflationary pressures ease and expectations for monetary loosening recede. ...

    Iran mediators make last-ditch push for 45-day ceasefire: Axios

    From @zerohedge|Apr 5, 2026|64 comments

    *IRAN MEDIATORS MAKE LAST-DITCH PUSH FOR 45-DAY CEASEFIRE: AXIOS Iran mediators make last-ditch push for 45-day ceasefire The U.S., Iran and a group of regional mediators are discussing the terms for a potential 45-day ceasefire that could lead to a permanent end ​to the war, Axios reported on Sunday, citing four U.S., Israeli and regional sources with knowledge of the talks. Reuters could not immediately verify the ⁠report. The White House and the U.S. State Department did not immediately ⁠respond to Reuters' requests for comment. The mediators are discussing the terms of a two-phased ​deal, the ​report said, adding ​that the first phase would be a potential 45-day ceasefire during which a permanent end to the war would be negotiated.

  • Story Stats

  • Related Stories