Gold Seesaws on Ceasefire Headlines as NFP, Rate Hike Fears Loom | HappeningNow.news

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Gold Seesaws on Ceasefire Headlines as NFP, Rate Hike Fears Loom

Gold steadied and clawed back earlier losses Monday, trading up 1.08% to $4,525.34 per ounce as diplomatic signals out of the Middle East…

Source OilPrice AI Summary Updated June 2, 2026
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Freshness Stale Updated June 2, 2026
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Read time 1 min ~86 words

AI Summary

Gold steadied and clawed back earlier losses Monday, trading up 1.08% to $4,525.34 per ounce as diplomatic signals out of the Middle East offered tentative relief, even as the broader picture remained anything but settled. Spot silver also gained, rising 1.59% to $76.17/oz, tracking gold's modest recovery. The session's tone was set by competing headlines from Washington and Tehran. President Donald Trump took to Truth Social to claim progress on Lebanon, saying both Israel and Hezbollah had agreed to halt hostilities and noting a productive call…

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