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<Commodity> US President Donald Trump Dissatisfied with Iran's War-Ending Proposal; Gold Prices Slide Nearly 2%
US President Donald Trump expressed dissatisfaction with Iran's latest proposal to end the war. Meanwhile, investors are awaiting the Federal Reserve's monetary policy meeting this...
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<Commodity> US President Donald Trump Dissatisfied with Iran's War-Ending Proposal; Gold Prices Slide Nearly 2%
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US President Donald Trump expressed dissatisfaction with Iran's latest proposal to end the war. Meanwhile, investors are awaiting the Federal Reserve's monetary policy meeting this week, as persistent inflation concerns have reduced room for interest rate cuts. Gold prices fell nearly 2% on Tuesday, hitting the lowest level in nearly four weeks.

Spot gold last fell USD85, or 1.8%, to USD4,597 per ounce. Gold futures for June delivery last declined USD85.3, or 1.8%, to USD4,608.4 per ounce.

Related NewsPPI YoY for Apr in United States is 6.0%, higher than the previous value of 4.3%. The forecast was 4.9%.
Silver futures for May delivery dropped 2.4% to USD73.219 per ounce.

Copper futures for May delivery fell 1.7% to USD5.9175 per pound.

Platinum futures for July delivery declined 1.9% to USD1,958.8 per ounce.

Related NewsRetail Sales YoY for Apr in the United States is 4.9%, higher than the previous value of 4.2%.
Palladium futures for June delivery slipped 1.1% to USD1,469.7 per ounce.

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