Gold prices saw a slight decrease during early Asian trading hours as market sentiment remained mixed. Spot gold fell by 0.1% to $4,537.45 per ounce. An analyst team commented, "The risk sentiment is fluctuating between positive and negative." The team noted that, according to Iranian media reports, the latest U.S. 14-point framework has "narrowed the differences," and U.S. Secretary of State Rubio indicated there were some "positive signs." However, the team added, "Optimism quickly dissipated after Iran's Supreme Leader issued an order prohibiting the export of uranium nearing weapons-grade levels."
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments