Pentagon told to prepare Iran strikes as Trump weighs when to act
Axios: Pentagon readies for possible Iran strikes; Trump has not made final decision.
Axios: Pentagon readies for possible Iran strikes; Trump has not made final decision.
Mainland Chinese markets resume after Golden Week with global risks in focus; gold and consumer data are key.
Mainland Chinese markets reopen after a week-long break, with gold feeling their absence. The data calendar looks uneventful.
US markets staged a comeback after early weakness; Fed minutes confirmed a December rate hike is on track.
Gold and silver saw $400 billion in paper value vanish in minutes as US bond yields hit 2002 highs. The loss is a revaluation, not a market outflow.
China's central bank bought 740,000 ounces of gold in September, its largest monthly purchase since 2023, as prices fell.
The 30-year Treasury yield reached 5.70% on Monday, its highest since 2002, while the 10-year yield neared 5.32%, pressuring gold and equities.
Gold consolidates near lows as traders await US-Iran talks and US CPI data. Key technical levels are 3,885 support and 4,700 resistance.
Perseus CEO Craig Jones says uncertainty over gold prices is blocking M&A deals, with buyers and sellers unable to agree on valuations.
Oil rises on Saudi-Houthi attacks and Gulf storm; gold dips; FOMC minutes due.
Russia plans to buy about 280 billion rubles of gold and foreign currency over the next month, five times September's allocation, due to high oil prices.
Perth Mint gold and silver sales jumped in September as spot prices fell, pushing gold volumes to a seven-month peak.
European markets saw improved risk sentiment as oil prices fell and bond yields declined. The OAT-Bund spread narrowed after a peak.
Gold is consolidating near lows as US-Iran talks and upcoming CPI risk cap upside. Technical levels to watch include 3,885 and 4,700.
Gold fell 0.3% to $4,125 as Treasury yields surged, but SPDR Gold Trust holdings remained near multi-month highs, indicating investors have not abandoned theβ¦