Silver vulnerable to more losses as US-Iran talks dominate focus
Silver faces continued downside risk as US-Iran talks remain the key market focus.
Crude moved higher as the Globex week opened, following a weekend of deadlock and the possibility of renewed escalation.
A new trading week has opened on Globex.
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Silver faces continued downside risk as US-Iran talks remain the key market focus.
Gold paused its slide as US-Iran dialogue revived deal expectations. Traders now await diplomatic outcomes for price catalysts.
Iran expects a US response today on its Hormuz proposal; oil prices climb again.
State Street sees gold potentially dipping to $4,000 on rate fears but still targets $5,000 within six months.