After plunging on Thursday, gold prices have ticked lower on Monday as traders assessed the prospects of a ceasefire in the gulf even as the U.S. deadline for Iran to open the Strait of Hormuz closes in.
Front Month Comex Gold for June month delivery has dipped by $6.20 (or 0.13%) to $4,685.90 per troy ounce.
Front Month Comex Silver for June month delivery has fallen by $0.661 (or 0.90%) to $72.540 per troy ounce.
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Market Analysis
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.