Gold
Sovereign gold buying didn’t begin with the 2022 Russia sanctions.
The central bank gold demand continues to be driven primarily by Eastern European and Asian economies, the WGC report said.
India's Press Information Bureau in a post on X called the media report "fake" and said the physical stock of the precious metal remained unchanged.
The technical backdrop for gold has improved in recent weeks, with prices repeatedly finding support around 4,400 and momentum indicators beginning to turn higher.
Analysts noted that gold successfully tested and held its rising 200-day moving average near US$4,401 per ounce, reinforcing a key long-term support level.
As the diplomatic exchanges continued, Israel expanded its ground attack in Lebanon, shattering a brittle truce with its northern neighbor.
Unfortunately for current gold and silver investors, prices for both have reversed course since then.
The affidavit didn't say which agency employed Rush, but two people familiar with his employment history told NBC News that he was employed with the CIA.
The LBMA Gold Price PM fell 0.5% to US$4,506 per ounce last Friday, trimming its year-to-date gain to 3.2%.
Starting next Monday, large mining sites in No.6 gold producer Ghana must sell 30% of their output to the central bank, up from 20% currently.
Specifically, the catalyst was weekend reports that the US and Iran had largely agreed on a memorandum of understanding to reopen the Strait of Hormuz.
The move comes as the Indian rupee has weakened more than 7% year-to-date amid geopolitical uncertainty.
Spot gold rose 1.4% to $4,570.88 per ounce by 0045 GMT. U.S. gold futures for June delivery gained 1.1% to $4,572.90.
The US Dollar rose towards Tuesday's 5-week highs on the currency market, and betting on Federal Reserve policy put the consensus forecast for year-end interest rates at 3.83%.
Spot gold was at $4,481.48 per ounce, as of 0744 GMT, after earlier falling to its weakest level since March 30. U.S. gold futures for June delivery lost 0.6% to $4,483.70.
The precious metal fluctuated between positive and negative territory before easing toward $4,538 an ounce.
Furthermore, stronger U.S. inflation numbers drove bond yields up across the world, and it hurt gold big time.
Central bank buying has remained a structural tailwind through 2026.
Since the U.S.‑ and Israel‑backed military action began Feb. 28, Iran has largely restricted access through the Strait of Hormuz, a key artery for global energy supplies.
According to the agreement, Orla shareholders will obtain one Equinox common stock and $0.0001 cash for each Orla share.
Gold, while under $5,000 an ounce, is still up about 8% on the year, based on Wall Street Journal data.
However, industry officials warned higher import taxes could revive smuggling, which had eased after India cut tariffs in mid-2024.
The LBMA Gold Price PM climbed 2.3% to US$4,741 per ounce, extending its year-to-date gain to 8.6%.
Gold tends to come under pressure despite its safe-haven appeal, as higher rates increase the opportunity cost of holding non-yielding assets.
The data for May 2026 showed that Iraq maintained its position at 28th globally and third among Arab countries during the first months of this year.