
- Gold rises as falling oil prices and a pause in US-Iran strikes eased inflation and interest rate concerns.
- Upcoming policy decisions from the Fed, BoE, and BoJ could trigger further market movement.
- Iran confirmed it will refrain from retaliatory attacks as long as the US bombing pause holds.
Gold price (XAU/USD) gains ground for the second consecutive day, trading around 4,103 per troy ounce during the Asian hours on Monday. Gold prices pushed higher as a sharp drop in oil prices eased market fears over inflation and interest rate hikes, following a weekend pause in military hostilities between the US and Iran.
Attention now shifts to a dense week of economic catalysts that could spark fresh market volatility. Investors face an unusually heavy lineup of central-bank decisions, including meetings by the Federal Reserve (Fed), Bank of England (BoE), and Bank of Japan (BoJ), alongside pivotal inflation and growth figures. Key releases such as US GDP, US core PCE inflation, and CPI reports from the Eurozone and Australia are expected to heavily influence global interest rate expectations.
The diplomatic landscape saw a reprieve after the US suspended its two-week bombing campaign against Iran late Friday. Tehran responded by holding back retaliatory strikes against Washington’s Middle Eastern allies for a second consecutive night. US Ambassador to the United Nations Mike Waltz noted that while American forces remain locked and loaded, President Donald Trump wants to give room for potential negotiations.
Reuters corroborated this stance, quoting a senior Iranian official who stated that Tehran’s policy remains “attack for attack”—meaning if US strikes halt, Iran will likewise suspend its military operations.





