Tim Waterer

"Lower oil prices, a softer dollar and reduced geopolitical risk, as well as the anticipated reopening of Strait of Hormuz are all helping to reduce inflation expectations."

"Lower oil prices and a softer dollar, stemming from reduced geopolitical risk and the anticipated reopening of the Strait of Hormuz, are helping to calm inflation expectations."

"The court's tariff ruling has, aside from earning the ire of the U.S. president, added another layer of uncertainty to global markets, with traders again turning to gold as a defensive play."

"The court’s tariff ruling has, aside from earning the ire of the US president, added another layer of uncertainty to global markets with traders again turning to gold as a defensive play."

"The court’s tariff ruling has, aside from earning the ire of the US president, added another layer of uncertainty to global markets with traders again turning to gold as a defensive play."

"Whether gold can claw its way back above $5,400 in the near term may rest on how long tariff uncertainty lingers and whether the US engages in military action against Iran."

"Gold is on the back foot today despite the market tumult, with triple-digit oil prices boosting the dollar on inflation fears and scaled back rate-cutting expectations."

"Much of gold’s price rise over the last 12 months was predicated on a dovish outlook for US interest rates, but given the inflation risk presented by $100 per barrel oil, rate cuts are no longer a given and gold has repriced accordingly."

"The latest robust NFP print has reinforced hawkish central bank nerves, while persistent oil-driven inflation fears continue to crowd out gold’s traditional safe-haven sparkle."

"The latest robust NFP print has reinforced hawkish central bank nerves, while persistent oil-driven inflation fears continue to crowd out gold’s traditional safe-haven sparkle."

"The latest robust NFP print has reinforced hawkish central bank nerves, while persistent oil-driven inflation fears continue to crowd out gold's traditional safe-haven sparkle."

"the latest robust NFP has reinforced hawkish Central Bank nerves while persistent oil-driven fears of inflation continue to crowd out Gold's traditional 'safe-haven' sparkle."

"The latest robust NFP print has reinforced hawkish central bank nerves, while persistent oil-driven inflation fears continue to crowd out gold’s traditional safe-haven sparkle."

"The latest robust NFP print has reinforced hawkish central bank nerves, while persistent oil-driven inflation fears continue to crowd out gold's traditional safe-haven sparkle."

"The latest robust NFP print has reinforced hawkish central bank nerves, while persistent oil-driven inflation fears continue to crowd out gold’s traditional safe-haven sparkle."

"Yet the mood remains one of cautious optimism rather than outright celebration."