Gold dips as US data beats, Warsh calls for Fed “regime change”

Gold dips as US data beats, Warsh calls for Fed “regime change”

Gold (XAU/USD) trades with a negative bias on Tuesday but lacks strong directional momentum, as investors hold back from aggressive positioning amid uncertainty over whether US-Iran peace talks will resume, following renewed tensions in the Strait of Hormuz over the weekend. At the time of writing, XAU/USD is trading around $4,748, down nearly 1.50% on […]

Energy costs and supply shape outlook – ING

Energy costs and supply shape outlook – ING

ING analysts Warren Patterson and Ewa Manthey report Copper has eased after recent gains but remains near two‑month highs, with macro headwinds and tighter monetary policy weighing on industrial metals demand. Aluminium prices stay supported by supply disruptions in Gulf producers, where March output fell 6% to 15,963 tonnes per day, according to industry data. […]

Australian Dollar struggles as safe-haven demand lifts US Dollar

Australian Dollar struggles as safe-haven demand lifts US Dollar

AUD/USD inches lower after little gains registered in the previous day, trading around 0.7170 during the Asian hours on Tuesday. The pair remains under pressure as the US Dollar (USD) strengthens on rising safe-haven demand, driven by persistent uncertainty surrounding US–Iran ceasefire negotiations. Market participants are still assessing ongoing geopolitical tensions in the Middle East […]