Gold (XAU) and silver (XAG) prices are stuck between geopolitical risk and tight financial conditions. The safe haven demand continues to increase due to the escalating tensions in the Middle East. Gold rallied on Monday as supply disruptions were eased by the United States’ decision to temporarily suspend strikes against Iran and to engage in new diplomatic talks. That drove Brent crude lower as traders removed part of the geopolitical risk premium from oil prices. The falling oil prices reduced inflation fears and put downward pressure on bond yields. This introduced a correction in the U.S. dollar index. These ... (full story)