{"id":25470,"date":"2025-06-30T04:47:38","date_gmt":"2025-06-30T04:47:38","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=25470"},"modified":"2025-06-30T04:47:38","modified_gmt":"2025-06-30T04:47:38","slug":"gold-falters-near-monthly-low-as-risk-appetite-improves","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/gold-falters-near-monthly-low-as-risk-appetite-improves\/","title":{"rendered":"Gold Falters Near Monthly Low as Risk Appetite Improves"},"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-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/gold10-1024x559.png\" alt=\"\" class=\"wp-image-16983\" \/><\/figure>\n\n\n\n<p><strong>Key Points:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Gold held around $3,260\/oz on Monday, nearing the lowest level since late May.<\/li>\n\n\n\n<li>Israel-Iran ceasefire and fresh trade deals reduce safe-haven demand for bullion.<\/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 traded marginally lower on Monday, slipping to around $3,260 per ounce as market sentiment shifted away from safe-haven assets. The metal hit a low of $3,247.91 before recovering slightly to close at $3,280.48.<\/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\">Gold edged lower after two consecutive weekly declines, with demand impeded by a risk-on mood as the White House aims to finalize several trade deals <a href=\"https:\/\/t.co\/omVXed6VZ7\">https:\/\/t.co\/omVXed6VZ7<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/1939486576809062839?ref_src=twsrc%5Etfw\">June 30, 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 <a href=\"https:\/\/t.co\/uBODdiSZIh\">ongoing truce between Israel and Iran continues to hold<\/a>, easing fears of a broader Middle East conflict. This, combined with upbeat news on trade diplomacy, has sapped demand for gold.<\/p>\n\n\n\n<p>President Donald Trump recently announced a signed deal with China, and <a href=\"https:\/\/t.co\/aJ0WyOLNK2\">hinted at a \u201cvery big\u201d trade pact with India<\/a>. Reports also suggest that agreements with Mexico and Vietnam are close, while discussions with Japan and others are ongoing.<\/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, gold remains in a recovery phase after bottoming out late last week. Price has moved above the short-term moving averages (5, 10, 30), supported by bullish MACD crossover and strengthening histogram bars. However, the upside appears capped near $3,283.32, with momentum still fragile.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/image-34.jpg\" alt=\"\" class=\"wp-image-25471\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><em>Picture: Gold steady, eyes on $3,300 breakout zone, as seen on the <\/em><em><a href=\"https:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WA\">VT Markets app<\/a><\/em><\/p>\n\n\n\n<p>If peace efforts continue and trade negotiations make further headway, gold may struggle to break decisively above $3,285.00. A move below $3,250.00 could bring $3,230.00 into play. Any setback in geopolitical stability or weaker-than-expected US data could quickly revive support.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Fed Outlook Hinges on Labour Data<\/h2>\n\n\n\n<p>Traders are now focusing on a series of crucial US labour market releases, including job openings, ADP private payrolls, and Friday\u2019s non-farm payrolls (NFP). These will play a key role in shaping expectations around the Federal Reserve\u2019s next move.<\/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\">Bond investors enter a holiday-shortened week focused on the June jobs report as a key data point that will influence the Fed\u2019s path on rates and performance for the market for the rest of the year <a href=\"https:\/\/t.co\/QPgQTit1Ab\">https:\/\/t.co\/QPgQTit1Ab<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/1939400637847838725?ref_src=twsrc%5Etfw\">June 29, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>While recent commentary from Fed officials has been measured, markets still see a growing case for rate cuts later this year. A weaker labour print would bolster dovish bets and could reignite gold\u2019s appeal as a hedge against policy easing.<\/p>\n\n\n\n<p>A soft NFP report could see gold attempt to reclaim the $3,300 level. However, strong data would likely keep the metal under pressure, with sellers targeting $3,240 and below in the short term.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a><\/strong><strong> and <\/strong><strong><a href=\"https:\/\/myaccount.vtmarkets.com\/login?_gl=1*1azgbap*_gcl_au*NjE5NTE3MjY4LjE3NDQ2MDA3NDI.*_ga*MTY4OTgwNTU5Mi4xNzM2NzQ2MTgy*_ga_J26NL1ZVX7*czE3NDQ5NDQ0NTYkbzEyMCRnMCR0MTc0NDk0NDQ1NiRqNjAkbDAkaDA.\">start trading<\/a><\/strong><strong> now.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold hovers near $3,260 as easing geopolitical risks and renewed trade optimism reduce trader appetite for bullion. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":64,"featured_media":16983,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[6],"class_list":["post-25470","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-ca\/wp-json\/wp\/v2\/posts\/25470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/users\/64"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/comments?post=25470"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/25470\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media\/16983"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media?parent=25470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/categories?post=25470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/tags?post=25470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}