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Gold, Silver Rise on Hopes for U.S.-Iran Deal

07:47pm, Sunday, 24'th May 2026
Gold and silver rose in early trade on hopes for a U.S.-Iran deal to end the conflict.
Gold and silver continue to do what they do best: frustrate traders, as the precious metals have become significantly more nuanced within their broader consolidation pattern.
Spot gold prices were lower and spot silver prices were also under pressure in late afternoon trading on Friday, as firm Treasury yields, a stronger dollar tone and hawkish Fed inflation language offs
Gold and silver are managing to hold key near-term support levels ahead of the weekend, and while the precious metals remain stuck in relatively neutral territory, some analysts have said that the vol
Spot gold and silver prices are weaker in early U.S. trading Friday, as a firmer U.S. dollar and elevated oil prices offset safe-haven demand tied to the Strait of Hormuz and U.S.-Iran talks.
Spot gold prices are near steady and spot silver prices are higher after the close Thursday, as lower crude oil prices and easing Treasury yields offset a firmer U.S. dollar.
While short-term headwinds from the Iran war continue to cap precious metals prices, most analysts see the same supportive backdrop for gold and silver that drove them to record highs in early 2026. B
The stable US-Iran ceasefire has reduced safe-haven demand, allowing gold and silver to react to hot inflation data. Gold tests $4,531 channel floor with bullish divergence while silver holds $75.33 w
Spot gold prices are firmer and spot silver prices are sharply higher in early U.S. trading Wednesday, as Treasury yields eased from recent peaks and oil prices pulled back despite unresolved U.S.-Ira
Gold and silver remain under pressure as rising Treasury yields, a stronger U.S. dollar and inflation fears weigh on demand, while key support zones in both metals decide the next move.
Spot gold and silver prices are sharply lower after the close Tuesday, as rising Treasury yields, a firmer U.S. dollar and persistent oil-linked inflation concerns offset safe-haven demand tied to the
Silver prices remain stuck in a frustrating consolidation pattern below $80 an ounce; however, the precious metal could be poised to benefit from a broad rotation out of overvalued technology stocks a
Despite Iran war headwinds, gold prices are still on track to reach a fresh all-time high of $5,800 per ounce before year-end, while silver's supply deficit and dual demand make it the better medium-t
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Articles by Kitco NewsWire were generated by Kitco's AI-assisted reporting workflow and reviewed by Kitco News editorial staff, with every claim independently verified before publication.
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