Zaner Metals

06/17/2026

vows to deliver "price stability."

"We've missed for 5 years. We want to fix that." – Fed Chair Warsh.

Market quickly priced back in at least one 25 bps hike.

rallies. retreats but remains higher on the week.

06/17/2026

held steady on rates, as was widely expected. The vote was unanimous.

"Economic activity is expanding at a solid pace...Productivity growth and capital investment are strong...unemployment rate has changed little."

Warsh will take questions from the press.

06/14/2026

on the bid above $4,300, and is falling after the announcement of a peace deal between the U.S. and .

Trump declares the Strait open and orders an end to the naval blockade of Iran.

Formal signing ceremony slated for Friday.

06/08/2026

Gold ‌steadied on Monday as prospects for a potential Israel-Iran ceasefire helped the metal rebound from session lows, though strong U.S. jobs data boosted expectations of a Federal Reserve rate hike and limited the upside.

"We rebounded off the ​overseas lows just on news that perhaps there's a new ceasefire between Iran and Israel. So that's taken a little bit of pressure off the downside," said Peter Grant, vice president and senior metals ​strategist at Zaner Metals.

Read more:

Gold ‌steadied on Monday as prospects for a potential Israel-Iran ceasefire helped the metal rebound from session lows, though strong U.S. jobs data boosted expectations of a Federal Reserve rate hike and limited the upside.

06/08/2026

The IPMI 50 show has been amazing!

In today's volatile markets, the importance of hedging has become increasingly evident, especially in the refining/recycling side of the business.

We're excited to talk with more individuals about this, and what can be done to protect your margins and better service your clients in these conditions.

Message us if you want to know more!

06/05/2026

Zaner Commentary

https://www.zanermetals.com/blog.php

and tumble as strong jobs data dims rate cut hopes, and tensions remain elevated.

06/03/2026

Zaner Commentary

https://www.zanermetals.com/blog.php

retreats on Middle East escalation as and rise in reaction.

05/29/2026

Zaner Commentary

https://www.zanermetals.com/blog.php

firms on revived de-escalation optimism, while lags.

05/29/2026

Good morning. The are mostly higher in early U.S. trading as investors digest the latest Middle East peace prospects.

is near unchanged on the week after recovering from Thursday's 9-week lows.

Lots of on tap today.

05/27/2026

Gold prices fell to a two-month low on Wednesday, ‌pressured by expectations of tighter monetary policy to fend off rising inflation, with no clear end in sight to the U.S.-backed war with Iran.

"The biggest influence continues to be the Middle East. There was some lingering ⁠optimism, but as this continues to drag out, that optimism wanes," said Peter Grant, vice ​president and senior metals strategist at Zaner Metals, adding that the ongoing conflict was heightening inflation ​concerns.

Read more:

Gold prices fell to a two-month low on Wednesday, ‌pressured by expectations of tighter monetary policy to fend off rising inflation, with no clear end in sight to the U.S.-backed war with Iran.