Gold gains on US-Iran ceasefire optimism, but still set for monthly drop

The post United States Wholesale Inventories below expectations (0.6%) in April: Actual (0.5%) appeared on BitcoinEthereumNews.com. Gold attracts fresh buying interest for a second consecutive day, this time surpassing the key $4,500 zone per troy ounce. The precious metal’s upside momentum appears limited as investors await greater clarity on the evolving US-Iran negotiations, while expectations that the Fed will maintain a hawkish stance continue to temper demand for the yellow metal. Source: https://www.fxstreet.com/news/united-states-wholesale-inventories-below-expectations-06-in-april-actual-05-202605291230

The post Canada Gross Domestic Product (MoM) registered at -0.1%, below expectations (0%) in March appeared on BitcoinEthereumNews.com. Gold attracts fresh buying interest for a second consecutive day, this time surpassing the key $4,500 zone per troy ounce. The precious metal’s upside momentum appears limited as investors await greater clarity on the evolving US-Iran negotiations, while expectations that the Fed will maintain a hawkish stance continue to temper demand for the yellow metal. Source: https://www.fxstreet.com/news/canada-gross-domestic-product-mom-registered-at-01-below-expectations-0-in-march-202605291230

Yardeni's bold forecast suggests a transformative economic era, potentially reshaping investment strategies and market dynamics by 2029. The post Yardeni Research forecasts S&P 500 and gold to hit 10,000 by decade’s end appeared first on Crypto Briefing.

Fidelity says Bitcoin toll reports and strong gold demand show growing pressure on dollar-based settlement systems.

The post Gold rebounds to near $4,500 after US and Iran reach outline ceasefire deal appeared on BitcoinEthereumNews.com. Gold price (XAU/USD) edges higher to near $4,500 during the early Asian session on Friday. The precious metal rebounds from a two-month low ‌hit in the previous session after reports that the United States (US) and Iran had reached a ceasefire extension agreement.  Bloomberg reported on Thursday that Washington and Tehran have reached a tentative deal to extend a ceasefire by 60 days and launch further talks on Iran’s nuclear program, raising hopes the three-month conflict could be nearing a resolution. US President Donald Trump has yet to agree to the terms. Both countries have previously hailed progress, with Trump emphasizing the US was close to securing an agreement, but the delay has continued. Data released by the US Bureau of Economic Analysis (BEA) on Thursday showed that the US Personal Consumption Expenditures (PCE) Price Index climbed by 3.8% YoY in April

The tentative US-Iran truce could stabilize global markets, easing inflation fears and impacting commodities and cryptocurrencies alike. The post Gold holds gain as US-Iran truce hopes calm inflation fears appeared first on Crypto Briefing.

The investment firm said nation-states and central banks are increasingly turning to assets like Bitcoin and gold as alternative settlement systems outside of US control.

Gold's rising status as a global currency challenges traditional investment strategies amid economic stability. The post Jan van Eck: Bitcoin adoption stagnation impacts price expectations, private credit offers high yields, and gold is reemerging as a global currency | The Pomp Podcast appeared first on Crypto Briefing.