Singapore, 6 May 2026 – Gold steadied after sharp recent volatility as investors assessed whether a fragile ceasefire in the Gulf can hold long enough to ease immediate safe-haven demand and stabilise commodity markets.
The precious metal traded around US$4,500 an ounce after earlier losses, with markets balancing reduced near-term conflict fears against lingering uncertainty over energy supplies, inflation and the direction of the US dollar. The pause suggests investors are not abandoning gold, but are reassessing how much geopolitical premium should remain embedded in prices.
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