TASNIM NEWS, citing Lebanese sources, said Israel carried out a drone strike near Sadikin.

ECB policymaker Moulin said on Saturday that following last month’s rate hike inflation has eased with a sharp fall in oil prices, leaving the central bank "well placed." He said the ECB does not give forward guidance and therefore will not signal what it will do in July. Moulin added the ECB's 2.25% policy rate is "very low" versus other central banks, that June's hike was "reasonable," and that ECB communication indicated the June increase did not mark the start of a new tightening cycle.

JP Morgan expects gold to remain rangebound in the near term before rebounding, forecasting an average of $4,300/oz in Q3 2026 and $4,500/oz in Q4 2026.