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- 1Gold holds above $4,000 ahead of Fed decision▼Gold holds above $4,000 as Hormuz diplomacy cools crude ahead of Fed decision - Kitco PM Report
Gold is trading above $4,000 an ounce as diplomatic efforts around the Strait of Hormuz ease tensions and cool crude oil prices, with markets also positioning ahead of the latest Federal Reserve decision. Investors are weighing the Fed's rate outlook against the geopolitical de-escalation, keeping bullion elevated despite softer oil prices.
- 2UBWM's Haworth: Iran war must end for gold to rally●The Iran war needs to end for gold to have a chance to rally - UBWM’s Haworth
UBWM strategist Haworth says the Iran war must end before gold has a real chance to rally. His view, reported by Kitco, reflects expectations that geopolitical risk and safe-haven demand are currently distorting the gold market, and that a sustained rally would depend on the conflict winding down and market conditions normalizing.
- 3US spot Bitcoin ETFs take in $1.08 billion over three days●Crypto SWOT: U.S. spot Bitcoin ETFs recorded $1.08 billion in net inflows over three days
United States spot Bitcoin exchange-traded funds drew $1.08 billion in net inflows over three consecutive trading days, according to Kitco's crypto SWOT analysis. The run of inflows points to renewed institutional appetite for Bitcoin exposure through regulated vehicles. Market watchers are weighing the flows against wider crypto market conditions, where ETF demand is often read as a signal of investor sentiment and a driver of Bitcoin's price momentum.
- 4Gold slips as Hormuz diplomacy cools oil prices▼Gold pressured despite falling yields as Hormuz diplomacy sparks oil price reversal - Kitco PM Report
Gold came under pressure even as yields fell, with diplomatic efforts around the Strait of Hormuz driving a reversal in oil prices. The Kitco PM Report notes the precious metal struggled to hold gains as easing energy-market tensions reduced safe-haven demand, with traders watching whether talks keep shipping lanes calm and inflation pressure contained.