Gold - Overview as of 17.06.2025

Financial and commodity markets analytics


Gold remained stable: after a slight rise, its price stabilized, meeting resistance above the $3400 mark, which we wrote about yesterday. Strengthening demand for protective assets was a logical response of the markets to the reports of Israeli strikes on facilities in Iran and the urgent reduction of the visit of US President Donald Trump to the G7 summit. Analysts warn: if tensions escalate, the risks to stability in the region will increase significantly, especially given Iran's status as a major oil producer.As for the news calendar, the markets' attention is focused on the rate decision and comments from the US Federal Reserve expected tomorrow.