Price Movement: Spot gold edged up about 0.1% to $3,328.18/oz finance.yahoo.com+1reuters.com+1reuters.com+1reuters.com+1.
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Market Update: Gold Climbs, Bitcoin Surges, USD Stays Soft |
Analysis: A decline in U.S. Treasury yields and the dollar—with global markets tracking a soft ceasefire between Israel and Iran—helped support gold as investor demand for safe havens increased. reuters.com+1reuters.com+1
Price Movement: Bitcoin climbed to $107,920, up around 2.7% in the latest session barrons.com.
Analysis: A stronger appetite for risk assets—spurred by eased Middle East tensions and a softer dollar—is fueling crypto momentum. Institutional inflows into Bitcoin continue amid these favorable conditions. reuters.com+11barrons.com+11finance.yahoo.com+11
Market Movement: The U.S. dollar index held near four‑year lows, supported by calm in the Middle East and a drop in bond yields.
Analysis: The weakened dollar reflects reduced geopolitical risk and expectations that ongoing Fed comments may remain dovish—especially with Powell cautioning tariff impact on inflation.
Asset | 14h Change | Key Drivers |
---|---|---|
Gold | ↑ ~0.1% | Dollar & yield drop, risk-off easing |
Bitcoin | ↑ ~2.7% | Risk-on flow, dollar weakness |
USD | ↔ soft | Ceasefire optimism, dovish Fed cues |
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