Spot gold prices rose above $4,344 per ounce, rebounding more than 8% from last week's low, as tensions involving Iran eased and central bank demand hit a record high.

On the afternoon of June 16, according to Iranian media reports cited by Xinhua News Agency, Iranian Foreign Minister Araghchi stated that a new round of negotiations between Iran and the United States may take place in Switzerland on June 19.

China Securities JournalJun 16 17:53

Drawing ever closer, yet still failing to materialize! Morgan Stanley: The probability of a U.S.-Iran deal falling through is as high as 70%.

The U.S.-Iran conflict appears to be just one step away from resolution but continues to elude a final conclusion. A recent JPMorgan report warns that negotiations remain stuck in a state of 'perpetually approaching but never signing,' with only a 10% probability of an actual agreement being reached.

wallstreetcnJun 16 17:02

Top Gold-mining Stocks by Quant Rating as Gold Prices Recover

Seeking AlphaJun 16 01:46

Shares of Precious-metals-related Companies Are Trading Higher After the U.S. and Iran Reached a Tentative Deal. The Development Eased Concerns About Energy-driven Inflation and Reduced Expectations for Higher Interest Rates.

BenzingaJun 16 01:08

Express News | U.S. Senior Official: U.S. and Iran Have Signed a Memorandum of Understanding

BreakingsJun 15 23:45

Express News | Iran: Certain provisions of the Iran-U.S. Memorandum of Understanding will take effect on the 15th

BreakingsJun 15 23:06