US EditionGold Breaks Through $4,600 on Fed Concerns, Haven Boost
Gold neared $4,600 per ounce amid Federal Reserve policy uncertainty and Iran tensions with 1,064.56 tonnes held in GLD ETFs and near 488,116 COMEX contracts open.
- Early Monday, Reuters reported spot gold near $4,574 after an intraday record close to $4,600 during early Monday dealing, amid Fed and Iran tensions.
- Traders repriced 2026 rate cuts after payrolls undershot expectations, lifting gold, while Iran headlines and U.S. strikes in Venezuela added a second safe-haven impulse.
- GLD holdings at 1,064.56 tonnes and COMEX open interest near 488,116 contracts show broad participation, while Asia’s premiums varied with India about $15 and China near $3.
- U.S. equity futures softened and the dollar slipped, helping gold accelerate while support sits near $4,574 with secondary bands at $4,526 and $4,517 after a rough week.
- With forecasts diverging, Morgan Stanley and Metals Focus project higher targets for 2026, with $4,800 b and over $5,000 plausible; HSBC warns of a roughly $3,950 to $5,050 range and correction risk.
14 Articles
14 Articles
The gold price climbs to a record high. The tense situation in Iran and concerns about the US Federal Reserve drive up the price of the precious metal.
Gold Breaks Higher As Fed-Politics Shock And Iran Risk Drive Safe-Haven Demand
Key Points Gold pressed into the $4,600 zone after Fed-independence drama and Iran tension hit markets. The 4-hour chart is overbought, but daily and weekly momentum remain positive. Asia premiums, GLD holdings, and COMEX open interest show demand is not just speculative. Gold traded near $4,585 an ounce in early Monday dealing (O $4,520; H […]
The gold price reaches a new all-time high. Tensions in Iran and the dispute over the independence of the US Federal Reserve fuel uncertainty. Investors flee into precious metals.
In Brazil, the week will be marked by the disclosure of a series of economic activity indicators, which can strengthen the apostasies at the beginning of the Selic flexible cycle in March
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- 50% of the sources are Center, 50% of the sources lean Right
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