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Spot gold fell below $4,470 per ounce, down 1.54% on the day.

2026-06-01

Spot gold fell below $4,470 per ounce, down 1.54% on the day.

Other News
2026-06-01

U.S. rare-earths company says its planned investment in France could create more than 300 jobs.

U.S. rare-earths company says its planned investment in France could create more than 300 jobs.
2026-06-01

Euro: 1. ECB: The Iran war may boost consumer inflation expectations in the medium term. 2. French inflation hits a more than two-year high, supporting expectations of a June rate hike by the ECB. 3. ECB Executive Board member Schnabel: The centra

Euro: 1. ECB: The Iran war may boost consumer inflation expectations in the medium term. 2. French inflation hits a more than two-year high, supporting expectations of a June rate hike by the ECB. 3. ECB Executive Board member Schnabel: The central bank can no longer ignore the inflationary impact of the Iran war. Pound Sterling: 1. The money market currently expects the Bank of England to raise interest rates by about 50 basis points by the end of the year, but traders expect further tightening afterward. 2. Bank of England Governor Bailey stated that to support the UK's weak economy, the bank may tolerate inflation remaining above its 2% target level temporarily, provided there is no "second-round price effect." Yen: 1. Japanese Chief Cabinet Secretary Minoru Kihara: Deeply concerned about speculative foreign exchange volatility. Others: 1. Canada enters a "technical recession" for the first time since 2020. 2. The People's Bank of China's reverse repurchase operations resulted in a net withdrawal of 247 billion yuan on the day. 3. Saudi Central Bank: Net foreign assets held by the central bank in April totaled 1.768 trillion riyals. 4. The Norwegian central bank will sell the equivalent of 100 million Norwegian kroner daily in June, the same as in May. 5. Philippine Central Bank: It will not target specific exchange rate levels, but will only participate in the foreign exchange market to maintain orderly market conditions. 6. Federal Reserve Governor Powell: A politicized Federal Reserve will destroy public trust, and stated that the Federal Reserve and other institutions are facing stress tests. 7. Governor of the Bank of Korea: South Korea, like Eurozone countries, is highly sensitive to energy price shocks. South Korea has a high dependence on energy imports.
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