• Gold traded near 3,390 dollars per ounce as tensions between Israel and Iran escalated.
• President Trump downplayed chances of a ceasefire, saying he wants “an end, a real end”, blaming Tehran for the conflict.
• The metal rose 4% last week after Israel attacked Iranian nuclear sites, but gains have since stabilized.
• Gold is heading for its sixth monthly gain, the longest positive streak in over 20 years.
• Silver, platinum, and palladium also gained, while the Bloomberg Dollar Spot Index

What’s Next?
• Markets often react emotionally to geopolitical crises, especially with sharp moves in gold. But as history shows, sustained rallies depend on broader economic fallout, not just headlines. A calm, data-driven approach remains essential in such environments.