Gold & United States — White House

Gold: Gold received a boost from ceasefire optimism but remained on course for a monthly drop, reflecting its role as a safe-haven asset influenced by geopolitical developments.

United States — White House: The United States — White House, representing the United States government, promptly denied the claims made by Iran's state TV, calling the report 'fabricated'. Its stance is crucial in the negotiation process.

Gold: Gold>>> has drawn little support as a safe haven or hedge against inflation risks, despite the geopolitical tensions.

United States — White House: The United States — White House is discussing Iran's proposal but maintains red lines on any deal, particularly regarding Iran's nuclear program.

Gold: Gold prices fell, indicating a shift in investor sentiment or profit-taking despite geopolitical tensions.

United States — White House: The United States — White House>>> is scrambling to contain the economic and political fallout of the war, considering measures like suspending the federal gas tax.

Gold: Gold>>> was slightly off, as investors rotated out of speculative assets.

United States — White House: The United States — White House>>> defended Donald Trump>>>'s approach, stating his preference for peace and diplomacy while ensuring a deal that prioritizes America's interests.