Gold (XAU/USD) trims gains after opening the week with a bullish gap as buyers lack conviction amid conflicting US-Iran headlines and caution ahead of key US employment data. At the time of writing, XAU/USD trades around $4,036, easing from an intraday high of $4,084.
Iran
Iran Ceasefire at Risk: Strait of Hormuz Closure Raises Fresh War Fears
Iran Ceasefire at Risk: The Iran ceasefire is under threat after fresh attacks in Lebanon. Iran shuts the Strait of Hormuz again, raising global tension and market uncertainty.
Oil Holds Near Six-Month High as Trump Sets Iran Deal Deadline
Iran Deal News: President Donald Trump warned Iran on Thursday that it must make a deal over its nuclear program or “really bad things” will happen, and appeared to set a deadline of no more than 10 to 15 days before the US might take action.
Israel, Iran Trade Blows for Third Day With No Sign of Letup
Israel and Iran continued intense bombardments on one another’s territories for the third day, with no sign of a reprieve and growing concerns over a wider conflict in one of the world’s key oil-producing regions.
Rocket Attack in Baghdad, Syria Gas Field Shelled After Soleimani Killing
Syrian regime forces and Iranian militias fired three shells at the Conoco gas field in the Deir Ezzor area of eastern Syria and two rockets were fired at the Green Zone where the US embassy is located on Sunday evening in the aftermath of the US airstrike that killed IRGC Quds Force commander Qasem Soleimani, according to Arab reports.No casualties were reported in the Conoco attack, according to local news source Deir Ezzor 24.