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Market Impact: 0.35

Gold Holds Firm Above $4,500 On US-Iran Peace Deal Hopes, Soft US Data

Commodities & Raw MaterialsEnergy Markets & PricesCurrency & FXGeopolitics & WarInvestor Sentiment & Positioning

Gold held above $4,500 an ounce while the dollar was headed for a small weekly loss, reflecting improved risk sentiment across markets. Oil prices fell to a one-month low as investors grew more optimistic that the Middle East conflict is moving toward an end, easing geopolitical risk premiums.

Analysis

Gold held above $4,500 an ounce while the dollar was headed for a small weekly loss, reflecting improved risk sentiment across markets. Oil prices fell to a one-month low as investors grew more optimistic that the Middle East conflict is moving toward an end, easing geopolitical risk premiums.

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Market Sentiment

Overall Sentiment

neutral

Sentiment Score

0.10