Gold prices were mixed on Thursday, and the dollar trimmed some losses as confusion prevailed over the U.S.-Iran truce terms.
Spot gold edged up by 0.3 percent to $4,731.56 an ounce while U.S. gold futures for June delivery were down half a percent at $4,755.47.
The U.S. dollar index consolidated above the 99.00 level and oil prices were up more than 3 percent as Iran halted the passage of oil tankers through the Strait of Hormuz after accusing the United States of violating three clauses of the 10-Point Proposal.
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Market Analysis
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.