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June 01, 2026 World Gold Council 'Point of Inflection': 200-day moving avg. gold chart

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World Gold Council 'Point of Inflection': 200-day moving avg. gold chart

Treasury yields rise after Iran reportedly stops communication with U.S.

Global oil prices jump 7% to top $97 a barrel after Iran reportedly suspends talks with U.S. and fully closes Strait of Hormuz

Iran stops negotiations with U.S., vows to ‘completely’ block Strait of Hormuz

Gold price falls nearly 2% as Middle East tensions escalate again

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Gold falls with inflation worries rising on Middle East conflict

June 01, 2026

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https://www.cnbc.com/2026/06/01/gold-falls-as-renewed-middle-east-tensions-fuel…

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