Industrial Metals Decline as Gulf Strikes Dampen Deal Optimism

May 28, 2026 · Bloomberg

Gold Holds Losses as US-Iran Impasse Keeps Inflation Risk High
Gold held a two-day drop, with a lack of progress in US-Iran peace talks continuing to pressure interest rates.
Nomura Analyst Says Near-Term BOJ Hike Still Up in Air on Iran
Market indicators suggest that traders are nearly convinced that the Bank of Japan will raise interest rates in June or
China’s Declining Appetite for Oil Laid Bare by Iran War
Chinese imports of crude oil are set to drop to levels not seen since the pandemic, as the war in Iran reveals the exten
Hormuz standoff: Trump's 'will blow them up' warning to Oman amid fragile Iran-US talks
Speaking to reporters during a cabinet meeting at the White House on Wednesday local time, Trump rejected the idea of an
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