Spot gold rose nearly $25 intraday to $4,167.90/oz.

Trump told Fox News he is close to ordering new strikes on Iranian infrastructure, citing power plants and bridges, and accused Tehran of stalling negotiations and rejecting what Washington viewed as an acceptable deal. He said Iran’s military has been routed and warned its leaders missed a diplomatic window, calling the country all talk and no action. Analysts note the comments come as limited strikes continue despite a ceasefire. Trump said he is increasingly frustrated with the talks and that, absent an unexpected breakthrough or a dovish Fed, risk assets may remain under pressure.

EIA to release monthly Short-Term Energy Outlook (STEO) in 10 minutes.