GOLDGold
Gold (GOLD) is a COMEX-listed commodity covered by Valdrans. Last close $4211.90, -0.20% on the day; +0.86% over 1 week, -3.77% over 4 weeks, -12.71% over 6 months (prices as of 11 Oct 2026).
- Last close (11 Oct 2026)
- $4211.90
- Today
- -0.20%
- 1 week
- +0.86%
- 4 weeks
- -3.77%
- 6 months
- -12.71%
Coverage of GOLD(20)
US-Iran ceasefire ends; WTI crude and gold linked to supply-disruption risk
A US-Iran ceasefire declared approximately 10 days prior ended following President Trump's announcement, according to CNBC and Finnhub reporting. WTI crude, USO, gold, and the VIX were mentioned in the context of Iranian supply-disruption and geopolitical risk.
US strikes Iranian targets ninth consecutive night; Hormuz transit affected
US forces conducted a ninth consecutive night of air strikes on Iranian targets on 20 July 2026, with CENTCOM citing threats to Strait of Hormuz maritime transit, through which roughly one-fifth of global oil and gas passes.
US military completes seventh consecutive night of strikes on Iran
The US military struck Iran on 18 July 2026, its seventh consecutive night of operations. The sixth night on 16 July targeted bridges, railways, and airport facilities; Iran retaliated across the Persian Gulf. Gold rose during the escalation per prior reporting.
Nikkei falls 4.25%, oil rises to $81 as Middle East strikes hit markets
The Nikkei fell 4.25% and Nasdaq futures declined 1% on 17 July 2026; oil rose a further 2.6% to approximately $81 per barrel in European trading following Middle East strikes, while the Indian rupee approached record lows before Reserve Bank of India intervention.
China Q2 GDP grew 4.3%, missing 4.5% forecast and slowing from Q1
China's Q2 2026 GDP expanded 4.3% year-over-year, below the 4.5% consensus and down from 5.0% in Q1, with the result falling under Beijing's stated full-year target range of 4.5–5.0%. June retail sales rose 1.0% and industrial output rose 5.3% year-over-year within the same release.
Trump proposed then reversed 20% Hormuz transit fee on 14 July
President Trump announced and then withdrew a proposed 20% fee on cargo transiting the Strait of Hormuz on 14 July 2026, citing trade and investment deals as an alternative; Hapag-Lloyd publicly criticised the proposal.
US June CPI at 3.5%, below 3.8% consensus; rate futures repriced
US headline CPI for June 2026 came in at 3.5% year-over-year against a 3.8% consensus, with a month-over-month fall of 0.4%; fed funds futures moved to price 3.9 basis points of hikes at the July Fed meeting, down from 9.2 bps, and year-end rate expectations fell from 41 bps to 32.7 bps.
Trump ends Iran ceasefire; WTI and Brent surge 8% amid Hormuz closure threat
WTI and Brent crude rose approximately 8% after Trump declared the Iran ceasefire over at the NATO Summit in Ankara and revoked Iranian oil sanctions waivers; U.S. equity futures in SPY and QQQ fell, bond yields spiked, and the VIX rose.
US strikes on Iran; Brent crude surges, equities and dollar move
Brent crude rose ~$4 to settle above $76, reaching $80 intraday; WTI rose 6% to $74.90. The Dow fell 1.09%, S&P 500 posted minor losses, FTSE 100 and Nikkei fell, Treasury yields rose 5bp to 4.58%, and the DXY strengthened.
Trump spoke separately with Putin and Zelenskyy on 6 July 2026
US President Trump held separate calls with Russian President Putin and Ukrainian President Zelenskyy on 6 July 2026, coinciding with Ukrainian strikes on Russian targets and a Russian barrage on Kyiv. A subsequent Trump-Zelenskyy meeting was announced for the NATO summit in Ankara, Turkey.
Gold hits lowest since November; gold-oil correlation breaks down
Gold fell to $3,983.07 per troy ounce on Wednesday, its lowest since November, posting a 14% quarterly decline — worst since 2013. WTI crude also declined as US-Iran talks progressed, ending a five-month tandem rally in both commodities.
German June CPI fell to ~2.4% as state-level readings missed expectations
Regional CPI data released 30 June showed year-over-year inflation falling across four German states; the national June headline was estimated at approximately 2.4%, down from 2.6% in May. No specific price moves for German Bunds or EURUSD were reported.
US-Iran Doha talks announced after Strait of Hormuz military clashes
Trump announced via Truth Social on 29 June 2026 that US and Iranian delegations would hold indirect talks in Doha following weekend military clashes in the Strait of Hormuz; WTI crude was reported in connection with the Hormuz shipping disruption.
Gold rebounded to $4,080 after softer US inflation data shifted rate expectations
Gold spot prices fell to a low near $3,984 mid-week before rebounding 1.35% to approximately $4,080.67 by 26 June 2026, leaving the metal down $141.75 on the week; exchange-traded products GLD and IAU, which track spot gold, were also affected.
Bitcoin hits 20-month low of $59,125; silver, gold, crude fall
Bitcoin fell to a session low of $59,125 on 24 June 2026, its weakest level in 20 months, amid a broad risk-asset sell-off in which silver declined 7.4%, gold fell 3%, crude oil dropped 4%, and the US Dollar Index surged.
Micron beats earnings, raises guidance; shares surge 18%
Micron Technology shares rose approximately 18% after the company reported earnings above analyst expectations and raised forward guidance. Intel gained 4.82%, AMD rose 3.83%, and Broadcom added 1.18% on the same session; the Nasdaq advanced 676 points and the S&P 500 gained 64 points.
US-Iran nuclear roadmap agreed; crude oil prices fell on sanctions waiver
Crude oil prices fell after the US waived Iran oil sanctions for 60 days and a Strait of Hormuz access agreement was announced; WTI and Brent were the benchmark contracts specifically referenced in coverage of the price decline.
Moscow fuel rationing begins after Ukrainian drone strikes hit Gazprom Neft refineries
Moscow fuel rationing was reported after sustained Ukrainian drone strikes degraded Russian refining capacity over several months; Brent crude, WTI, Gazprom Neft, and Lukoil were named in coverage connected to the infrastructure damage.
Israel-Hezbollah ceasefire declared 19 June 2026; oil prices and gold fell
A ceasefire between Israel and Hezbollah took effect at 4 pm local time on 19 June 2026, per US officials and Hezbollah sources. WTI crude was reported at $77.54, gold fell $49 to $4,160, and S&P 500 futures were down 0.2% at the time of reporting.
Goldman Sachs cuts 2026 year-end gold forecast by $500 to $4,900/oz
Goldman Sachs lowered its year-end gold price forecast by $500 per ounce to $4,900/oz on 19 June 2026, citing expectations of no Federal Reserve rate cuts in 2026; gold futures and the SPDR Gold Shares ETF (GLD) were named in coverage of the revision.