Gold Market Stays Calm As Traders Watch PPI Data, US-Iran Talks

2026-03-03 04:10:18

(MENAFN- Investor Brand Network) The price of gold is ending the week relatively stable as traders study how the talks between the U.S. and Iran progress in Iran. While unlikely, any deal struck during those talks would ease the geopolitical tension and weigh on further gains by bullion. Also in focus is the anticipated PPI data release in the U.S. as it could have a bearing on markets.

On the domestic front, PPI data is expected to be released shortly and this has made traders cautious as they await the picture that could emerge of the state of the economy. Markets are likely to move once this data is out, and stakeholders like Collective Mining Ltd. (NYSE American: CNL) (TSX: CNL) will be...

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