Precious metal prices soften as other assets to the fore

*US IS REVOKING IRAN-RELATED GENERAL LICENSE TO EXPORT OIL *IRAN'S ACTIONS IN STRAIT OF HORMUZ WHOLLY UNACCEPTABLE: OFFICIAL Revocation and Wind Down of June 21, 2026 Authorization for the Production, Delivery and Sale of Crude Oil Products of Iranian Origin Effective July 7, 2026, General License X, dated June 21, 2026, is revoked and superseded in its entirety by General License X1. Except as provided in paragraph, all transactions prohibited by the above-listed authorities that are ordinarily incident and necessary to the wind down of transactions previously authorized by General License X are authorized through 12:01 a.m. eastern daylight time, July 17, 2026, provided that any payment to a blocked person must be made into a blocked, interest-bearing account located in the United States. Note to paragraph (b). Except to the extent ordinarily incident and necessary to the wind down of transactions previously authorized by General License X for the production, sale, delivery, or offloading of crude oil, petrochemical products, or petroleum products of Iranian origin, paragraph (b) does not authorize any new transactions, including purchases or loading of such products on or after July 7, 2026.

Intercontinental Exchange, Inc. (NYSE:ICE) today announced that ICE Benchmark Administration Limited (IBA) now operates the London Bullion Market Association (LBMA) Platinum and Palladium Prices and the daily auctions which set these benchmark prices, adding to its role as the administrator of the LBMA Gold and Silver Prices and auctions. In January 2026, ...

The United States Military has never been stronger, or more powerful. No other Nation can do what we do (It’s not even close!). This year we set even more Historic Recruiting Records, months ahead of schedule. Morale has never been higher. Our Military’s unmatched POWER was on full display during our Celebration of 250 Years of American Independence and, like our Country, the WAR DEPARTMENT has never been “HOTTER.” We need to keep it that way, which is why, when Congress returns, we must pass Reconciliation 3.0, with 350 Billion Dollars for Defense, plus THE SAVE AMERICA ACT! I am calling on House and Senate Leadership to make this their Number One Priority, and ensure that 350 Billion Dollars in Recon 3.0 moves out of the Budget Committee as soon as Congress is back in session. The SAVE AMERICA ACT, which everyone is asking for, paired with the full funding of our Great Department of War, can be passed very quickly, ensuring that the United States of America stays FREE for Generations to come. Thank you for your attention to this matter! President DONALD J. TRUMP