Spot gold climbed 0.9% to $4,763.66/oz, breaking a one‑week low amid US‑Iran ceasefire extension.
Silver and platinum also rebounded, up 2.4% to $78.53/oz and 2.3% to $2,087.15/oz respectively.
Fed nominee Kevin Warsh signaled no rate‑cut promises, reinforcing dollar strength and keeping gold’s safe‑haven appeal muted.
Trump’s indefinite ceasefire extension offers limited relief; future peace talks remain uncertain, and naval blockade stays in place.