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According to Al Jazeera, Iranian-backed Iraqi armed groups have warned that they will resume attacks as the ceasefire deadline approaches.According to CNN: U.S. Vice President Vances motorcade departed from the White House at 6:13 p.m. local time on Monday (6:13 a.m. Beijing time on the 21st).On April 21st, the Dark Side of the Moon officially launched and open-sourced its new model, Kimi K2.6. According to the official benchmark results, its coding capabilities are on par with or surpass GPT 5.4 and Opus 4.6.US-Israel-Iran Conflict: ① Iran 1. Iran resumes flights at two airports. 2. Iranian official: Supreme Leader is in full health. 3. Iranian Parliament Speaker: Iran will not accept negotiations under the shadow of threats. 4. Iranian Foreign Minister tells Pakistani Foreign Minister that the USs "continued violation of the ceasefire" is the main obstacle to the continuation of the diplomatic process. 5. Iranian Armed Forces Spokesperson: We are prepared to confront the US after the US launched an "aggressive" action against an Iranian vessel. 6. Israeli media reports that Iran has softened its stance on abandoning its enriched uranium stockpile; the Iranian Foreign Ministry spokesperson responded that the option of transferring Irans enriched uranium stockpile to the US or any other country is not on the agenda. 7. Irans Supreme Leader reiterated three basic positions: to hold those responsible for the attack accountable and demand compensation for the losses caused by the war, to push for a new phase in the management of the Strait of Hormuz, and to never relinquish its legitimate rights and regard all "resistance fronts" in the region as a unified whole. ② US 1. The US military says the blockade has forced 27 ships to turn back. 2. The US military admits to firing on and intercepting an Iranian cargo ship; footage of the incident has been released. 3. Trump: No pressure to reach an Iran deal, no external pressure. 4. Trump: The new agreement being reached with Iran will be much better than the Iran nuclear deal. 5. Trump claims to be winning the war and will not lift the blockade on Iran until an "agreement" is reached. ⑤ Strait of Hormuz 1. Iran pledges to ensure unimpeded passage of Russian ships through the Strait of Hormuz. 2. Indian government officials: As of now, 10 Indian ships have safely passed through the Strait of Hormuz. 3. Kuwait declares oil shipments affected by force majeure due to obstructed navigation in the Strait of Hormuz. 4. According to British sources on the 20th, at least 26 ships involved in Iranian shipping have broken through the US military blockade. ⑥ Ceasefire Negotiations 1. US President Trump: Vice President Vance will travel to Pakistan later on the 20th, and a new round of US-Iran negotiations is scheduled to begin on the 21st. 2. US media: Pakistan has intensified diplomatic contacts with Washington and Tehran since Sunday to ensure negotiations can begin as early as Tuesday. 3. Trump: "Highly unlikely" to extend the ceasefire agreement with Iran and expects to resume military operations against Iran immediately. The Strait of Hormuz will not be opened before an agreement is signed. 4. Pakistani security sources: Pakistani Army Chief of Staff Munir spoke with US President Trump, informing him that his blockade of Iranian ports was an obstacle to negotiations. Trump told Munir he would consider his suggestions. 5. Iranian parliamentary official: Iran has decided to continue negotiations with the US, but this "does not mean negotiating at all costs," nor does it mean accepting "any actions taken by the other side." If a positive signal is received from the US, the Iranian delegation will travel to Islamabad. 6. Iranian sources say the continued US naval blockade of Iran is a key obstacle to current negotiations. A senior Iranian official said Iran is actively reviewing its participation in peace talks with the US, but no final decision has been made yet. 7. Senior Iranian source: Disagreements over the nuclear program remain unresolved, and the gap has not narrowed. Irans "defense capabilities," including its missile program, are not within the scope of negotiations. 8. US media: Two senior Iranian officials revealed that the Iranian delegation plans to travel to Islamabad on Tuesday for negotiations with the US. The two officials stated that if US Vice President Vance attends the negotiations, Iranian Parliament Speaker Ghalibaf will also be present. 9. According to Al Jazeera, citing Pakistani sources, the Iranian delegation is expected to arrive Tuesday morning, close to the arrival time of the US delegation. ④ Other situations: 1. Iranian Ambassador to Russia: Reports regarding Russia providing intelligence to Iran are untrue. 2. According to Saudi Arabias Al Arabiya television, Lebanon and Israel will hold a new round of negotiations on April 23.Google: Expanding Geminis availability in Chrome to users in the Asia-Pacific region.

Gold Exceeds $1,800, Then Declines As the Dollar Strengthens

Skylar Williams

Aug 03, 2022 11:13

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Gold returned slightly on Tuesday to the $1,800 level targeted by market longs after exactly one month.


The gold futures contract for December on the New York Comex rose $2 to $1,787.70 per ounce, after reaching a high of $1,804.95.


In response to China's fury over the U.S. House Speaker Nancy Pelosi's travel to Taiwan, a country Beijing regards as its territory with no sovereignty of its own, the dollar had its greatest spike in over a month.


Gold on the Comex has failed to reclaim the psychologically significant positive level it lost on July 1 as a result of the dollar's meteoric rise on expectations of further Federal Reserve interest rate rises.


Sunil Kumar Dixit, chief technical strategist at skcharts.com, commented, "The futures have blown off some froth at the top, but the upside is still quite strong." "Play will continue until Comex hits $1,830 or $1,835"


The Dollar Index, which measures the dollar to six other major currencies, increased by over 0.7% to 105.95, marking its highest daily rise since July 5, when it increased by 1.3%. The session's highest point was 106.10 On Tuesday, the dollar index touched a near three-week low of 104.92.


Along with the dollar, U.S. bond rates contributed to gold's decline on Tuesday, as the benchmark 10-year Treasury note notched its largest one-day increase since March.


Not reaching $1,800, the spot price of bullion, which is frequently connected with the price of gold futures, peaked at $1,788.12.


Comex gold's turnaround toward $1,800 was sparked by Federal Reserve Chair Jerome Powell's comments last Wednesday that the central bank could not predict whether it will sustain the aggressive rate hikes it has adopted to battle inflation since March.


With the release of the gross domestic product statistics for the second quarter on Friday, the United States officially entered a recession.


The previous week's performance for gold was its best since the week of February 25. The possibility of a recession and the Fed's rate hikes approaching their peak contributed to gold's appreciation.