Kuala Lumpur, 12 June 2026 – Gold held its recent gains as investors weighed signs that US President Donald Trump may be moving closer to a potential peace deal with Iran, a development that could reduce oil-market stress and ease fears of another inflation shock.
The precious metal’s resilience reflects a more complicated market reaction than a simple move away from safe-haven assets. While peace hopes would normally reduce demand for gold, investors are also looking at the broader macroeconomic impact. If tensions in the Middle East ease and oil prices stabilise, inflation expectations could moderate, lowering the risk that major central banks will be forced to keep interest rates higher for longer.
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