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Spot gold fell below $4,500 per ounce, down 0.90% on the day.

2026-06-01

Spot gold fell below $4,500 per ounce, down 0.90% on the day.

Other News
2026-06-01

On June 1 Iran's parliament speaker Ghalibaf posted on social media accusing Israel of heavy attacks on Lebanon and the United States of violating the ceasefire by imposing a maritime blockade and permitting Israeli escalation. He wrote: Any choice h

On June 1 Iran's parliament speaker Ghalibaf posted on social media accusing Israel of heavy attacks on Lebanon and the United States of violating the ceasefire by imposing a maritime blockade and permitting Israeli escalation. He wrote: Any choice has a price; debts will be repaid sooner or later; everything will be settled.
2026-06-01

Shenwan Hongyuan macro says public reports show recent US‑Iran talks aim for a 60‑day memorandum of understanding (MOU), with a tougher second negotiation phase to follow. Near‑term discussions appear focused on extending a ceasefire and restoring sh

Shenwan Hongyuan macro says public reports show recent US‑Iran talks aim for a 60‑day memorandum of understanding (MOU), with a tougher second negotiation phase to follow. Near‑term discussions appear focused on extending a ceasefire and restoring shipping through the Strait of Hormuz to quickly reduce global energy tail risk; nuclear issues are expected to be handled in phase two. An MOU, even if agreed, would not resolve all disputes at once. The text may be near “technical completion,” but short‑term reversals remain possible. Signing does not equal operational reopening: MOUs are typically non‑binding and there is a material gap between reaching a text and implementation. Even a temporary reopening of the strait could be reversed if phase‑two talks stall.
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