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PRE-OPEN Futures linked to Canada's main stock index edged lower, while Wall Street futures were muted, with stalled U.S.-Iran peace talks denting risk appetite ahead of a busy week of central bank meetings, including the Bank of Canada.

Gold remains trapped in a broad sideways channel and continues to be weighed down by short-term inflation fears, driving hawkish interest rate expectations; however, one international investment firm still expects gold prices to end the year above $5,000 an ounce.

Gold remains trapped in a broad sideways channel and continues to be weighed down by short-term inflation fears, driving hawkish interest rate expectations; however, one international investment firm still expects gold prices to end the year above $5,000 an ounce.

Vancouver-headquartered B2Gold has announced a leadership transition that will see long-serving president and CEO Clive Johnson retire at the company’s annual general meeting on June 4.

The ceasefire between the U.S. and Israel and Iran is beginning to turn the conflict into a prolonged one, which markets don’t seem to fully grasp, and while the bull market for gold should resume once the impacts become apparent, silver’s demand picture is mixed due to persistently high prices, according to precious metals analysts at Heraeus.

TSX-V-listed Magna Mining continued to execute on its underground development plan in the three months ended December 31, the company’s fourth quarter of full year 2025, with increased diamond drilling and stope availability at the McCreedy West copper/nickel/precious metals mine in Sudbury, Ontario, Canada, CEO Jason Jessup says.

Idaho is a Mining State

Gold and silver prices are lower in midday U.S. trading Monday. Selling from the shorter-term, chart-based traders is featured to start the trading week, as the near-term technical postures for both precious metals have deteriorated just recently. Traders are also weighing the latest developments in the U.S.-Iran war, as well has trying to handicap this week’s batch of central bank meetings. June gold was last down $24.00 at $4,717.00. May silver prices were down $0.804 at $75.60.