Gold futures fell for a third straight session to a two-month low of $4,398.50 amid uncertainty over U.S.-Iran ceasefire talks, with the White House denying Iranian reports of a draft agreement that briefly sent oil prices plunging over 6%.
#YonhapInfomax #GoldFutures #USIranCeasefire #COMEXGold #MiddleEastUncertainty #SilverPrices #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=122579Gold futures plunge 2.68% to $4,559.80 per ounce while silver tumbles nearly 10% as surging global bond yields and rising oil prices pressure precious metals markets, with Fed rate cut expectations evaporating amid inflation concerns driven by Iran conflict and strengthening dollar.
#YonhapInfomax #GoldFutures #GlobalInterestRates #SilverPrices #FederalReserve #PreciousMetals #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=120888
[New York Gold Price] Plunges Over 2% on Global Rate Surge - Silver Tumbles Nearly 10%
Gold futures plunge 2.68% to $4,559.80 per ounce while silver tumbles nearly 10% as surging global bond yields and rising oil prices pressure precious metals markets, with Fed rate cut expectations evaporating amid inflation concerns driven by Iran conflict and strengthening dollar.
Yonhap InfomaxTraders are betting on a silver rally in the options market as AI data center demand expectations grow, with call options exceeding 90,000 contracts while silver prices surged 7% to their highest level since March, driven by the metal's essential role in data center construction for AI infrastructure.
#YonhapInfomax #SilverPrices #AIDataCenters #OptionsMarket #CallOptions #BlackRockETF #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=119982
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