{"id":25014,"date":"2025-06-24T01:21:08","date_gmt":"2025-06-24T01:21:08","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=25014"},"modified":"2025-06-24T01:21:08","modified_gmt":"2025-06-24T01:21:08","slug":"gold-retreats-as-ceasefire-calms-war-tensions","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/gold-retreats-as-ceasefire-calms-war-tensions\/","title":{"rendered":"Gold Retreats as Ceasefire Calms War Tensions"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/www.vtmarkets.com\/en-asia\/wp-content\/uploads\/sites\/27\/2026\/03\/gold6-1024x559.png\" alt=\"\" class=\"wp-image-16979\" \/><\/figure>\n\n\n\n<p><strong>Key Points:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Spot gold fell 0.6% to $3,349.89, hitting its lowest since 11 June.<\/li>\n\n\n\n<li>U.S. gold futures dropped 0.9% to $3,364.20 as ceasefire news tempered safe-haven demand.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\" \/>\n\n\n\n<p>Gold retreated sharply on Tuesday after U.S. President Donald Trump announced a &#8220;complete and total&#8221; ceasefire agreement between Israel and Iran. Spot gold dropped 0.6% to $3,349.89 an ounce, while U.S. futures fell 0.9% to $3,364.20. This marked gold\u2019s weakest level since 11 June.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">US President Donald Trump said that a \u2018complete and total\u2019 ceasefire between Israel and Iran will go into force with a view to ending the conflict between the two nations <a href=\"https:\/\/t.co\/xQigtzw98X\">https:\/\/t.co\/xQigtzw98X<\/a> <a href=\"https:\/\/t.co\/8yQZev1tuf\">pic.twitter.com\/8yQZev1tuf<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/1937307183651139631?ref_src=twsrc%5Etfw\">June 24, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>The ceasefire, set to take effect within 12 hours, followed a direct call between Trump and Israeli Prime Minister Benjamin Netanyahu. Trump\u2019s team also reportedly engaged Iranian officials to negotiate the terms. A White House official said the truce depends on Iran refraining from further attacks\u2014something Tehran has signalled it will respect.<\/p>\n\n\n\n<p>This sudden de-escalation <a href=\"https:\/\/t.co\/F5ITMO1LDO\" target=\"_blank\" rel=\"noopener\" title=\"\">reduced the urgency for safe-haven flows into gold<\/a>. Traders seeking shelter from geopolitical risks have begun to rotate out of bullion as conflict-driven upside wanes.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Technical Analysis<\/h2>\n\n\n\n<p>On the 15-minute XAUUSD chart, the MACD has crossed below the signal line with expanding negative histogram bars\u2014indicating strong bearish momentum. <\/p>\n\n\n\n<p>Price recently hit a low of $3,333.27, and remains beneath all key moving averages (MA 5, 10, 30), confirming short-term downside bias.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/en-asia\/wp-content\/uploads\/sites\/27\/2026\/03\/1_image-26.jpg\" alt=\"\" class=\"wp-image-25015\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><em>Picture: Bearish pressure mounts on gold as short-term moving averages cross lower. See more on the <a href=\"https:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WA\" target=\"_blank\" rel=\"noopener\" title=\"\">VT Markets app<\/a><\/em><\/p>\n\n\n\n<p>Unless the ceasefire unravels, gold may consolidate below $3,360.00 in the near term. A break below $3,333.00 could open the path to $3,315.00 support. Upside is likely capped near $3,370.00 unless risk sentiment deteriorates.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Rate Cut Hopes Stir, but Fed Remains Measured<\/h2>\n\n\n\n<p>The market now shifts focus to U.S. monetary policy. Federal Reserve Vice Chair Michelle Bowman signalled a shift in tone, stating the time to cut interest rates is approaching. Her comments came as U.S. business activity showed marginal cooling in June, but with <a href=\"https:\/\/t.co\/2SS5cCRJ85\" target=\"_blank\" rel=\"noopener\" title=\"\">inflation risks rising due to Trump&#8217;s renewed tariffs<\/a> on imports.<\/p>\n\n\n\n<p>Fed\u2019s Austan Goolsbee noted that the current tariff wave has had a \u201cmore modest\u201d economic impact than feared. However, with <a href=\"https:\/\/t.co\/C01rbBNHVg\" target=\"_blank\" rel=\"noopener\" title=\"\">inflation ticking higher and job growth slowing<\/a>, the path ahead for the Fed remains cautious. Markets are pricing in the first cut at the 18 September policy meeting.<\/p>\n\n\n\n<p><a href=\"https:\/\/t.co\/achIvajlYU\" target=\"_blank\" rel=\"noopener\" title=\"\">Jerome Powell is scheduled to speak<\/a> before the House Financial Services Committee later today. Although investors hope for clearer guidance, Powell has thus far avoided direct signals. Futures markets may remain choppy in the lead-up to his remarks.<\/p>\n\n\n\n<p>If Powell leans dovish, expect gold to find intraday support near $3,345.00. However, any indication that the Fed will hold off on cuts could pressure gold further, especially with reduced geopolitical risk.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Create your live VT Markets account<\/a> and <a href=\"https:\/\/myaccount.vtmarkets.com\/login?_gl=1*1azgbap*_gcl_au*NjE5NTE3MjY4LjE3NDQ2MDA3NDI.*_ga*MTY4OTgwNTU5Mi4xNzM2NzQ2MTgy*_ga_J26NL1ZVX7*czE3NDQ5NDQ0NTYkbzEyMCRnMCR0MTc0NDk0NDQ1NiRqNjAkbDAkaDA.\" target=\"_blank\" rel=\"noopener\" title=\"\">start trading<\/a> now.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices fell to their lowest in nearly two weeks as conflict tensions eased following a ceasefire between Iran and Israel. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":64,"featured_media":16979,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[6],"class_list":["post-25014","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-gold"],"acf":{"acf_article_selection_author":""},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/25014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/users\/64"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/comments?post=25014"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/25014\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media\/16979"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media?parent=25014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/categories?post=25014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/tags?post=25014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}