FUNDAMENTALS * Spot gold was little changed at $4,715.42 per ounce by 0052 GMT. U.S. gold futures for June delivery fell 0.8% to $4,739.20. * Israel pounded Lebanon with its heaviest strikes yet on Wednesday, killing hundreds of people and drawing a threat of retaliation from Iran, which suggested it would be "unreasonable" to proceed with talks to forge a permanent peace deal with the U.S. * The comments from Iran's lead negotiator and parliament speaker, Mohammed Bager Qalibaf, laid bare the persistent volatility in the region despite a ceasefire announcement by U.S. President Donald Trump on Tuesday. * Spot gold has declined more than 10% since the U.S.-Israeli war on Iran began on February 28, as higher energy prices fuelled inflation concerns and prompted investors to scale back rate-cut hopes. * Minutesfrom the Federal Reserve's March 17-18 meeting showed a growing number of policymakers felt rate hikes could be needed to rein in inflation that continued to exceed the central bank's 2% target, particularly in light of the Iran war. * Investors are now waiting for the Personal Consumption Expenditures data for February and the weekly jobless claims data due later in the day for additional clues on the Fed's policy path. * "Beyond near-term liquidity needs, we expect gold to continue to rebuild its gains in the coming months amid heightened geopolitical risk," Standard Chartered said on Wednesday. * Among other metals, spot silver fell 0.4% to $73.83 per ounce, platinum lost 0.2% to $2,025.75, while palladium firmed 0.3% to $1,559.29. DATA/EVENTS (GMT) 0600 Germany Industrial Output MM Feb 0600 Germany Industrial production YY SA Feb 0900 Germany Overall Comprehensive Risk Q2 0900 France Overall Comprehensive Risk Q2 0900 UK Overall Comprehensive Risk Q2 1230 US Consumption, Adjusted MM Feb 1230 US Core PCE Price Index MM, YY Feb 1230 US PCE Price Indec MM, YY Feb 1230 US GDP Final Q4 1230 US Initial Jobless Clm April 4 (You can now subscribe to our ETMarkets WhatsApp channel) (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (You can now subscribe to our ETMarkets WhatsApp channel) (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
FUNDAMENTALS * Spot gold was little changed at $4,715.42 per ounce by 0052 GMT. U.S. gold futures for June delivery fell 0.8% to $4,739.20. * Israel pounded Lebanon with its heaviest strikes yet on Wednesday, killing hundreds of people and drawing a threat of retaliation from Ira…
See this event through different lenses
Compare how Western, Iranian, Israeli, Global South, and Pro-Peace perspectives frame this event.
Compare PerspectivesLoading notes...
According to unverified accounts provided by a relative, Valivade served as a refuge for approximately 5,000 Polish refugees between 1942 and 1948, a period marked by the displacement of civilians following the 1939 invasion of Poland. The source claims that individual survivors, including a girl reportedly disguised to avoid danger, found temporary stability at the settlement, which is locally known as "Drugi Dom.
The United States and Israel have reportedly engaged in a regional conflict with Iran for nearly six months, during which Strait of Hormuz oil transit has remained significantly below prewar levels of 20 million barrels per day, despite U.S. officials claiming Navy escort operations.
Although the Strait typically facilitates over 20% of global energy trade, analysts suggest that the Islamic Revolutionary Guard Corps may continue to restrict normal transit even if diplomatic agreements are reached. Current tensions have escalated following the expiration of a reported 60-day ceasefire, prompting the U.
S. to announce new economic isolation measures while hostilities appear to have resumed.
Sudan’s civil war, which has persisted for nearly four years, has reportedly displaced over 13 million people and caused significant famine, with casualty estimates suggesting approximately 59,000 deaths. Recent U.S. officials have highlighted the severity of the humanitarian crisis, noting that two-thirds of the population requires aid, while reports from the UN Security Council indicate that armed drones have been responsible for the majority of recorded civilian deaths in the first half of the year.
Mediator Oman reported that the United States and Iran made progress in their negotiations regarding Tehran's nuclear program on Thursday. However, the hours-long talks concluded without a clear indication of a final agreement.