Gold faces near-term headwinds as CTAs sell and Middle East official buying may fade, bull trend intact.
Oil and gas surge on Iran strikes; hawkish Fed hold lifts dollar, trims cuts, keeps policy restrictive.
ECB holds eurozone main refinancing rate at 2.15%, meeting expectations, keeping key bank lending benchmark steady.
ECB keeps eurozone deposit facility rate at 2%, as expected, guiding banks’ overnight deposit interest at ECB.
Bank of England held rates, dropped easing bias, warned on inflation and energy risks, watching Iran conflict closely.
US initial jobless claims fell to 205,000, below forecasts; four-week average eased, insured unemployment rose slightly.
Bank of Japan held rates at 0.75%, flagged Middle East risks, stayed data-dependent; ING sees June hike.
GBP/USD rose to 1.3300 as BoE held rates unanimously; energy-driven inflation risks and weak growth persist.
Bank of Japan holds 0.75% rate; sees moderate recovery, inflation near 2%, monitors oil and Middle East.
Gold sinks to $4,680 on stronger dollar, hawkish Fed; Middle East tensions offer support, key levels watched.
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