On Thursday, spot gold jumped 1.2% to $4,750 per ounce amid hopes that the U.S. and Iran could be nearing a deal to bring the 69-day war to an end.
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The rally that propelled gold and silver to record-breaking highs in 2025 could pick up again if a U.S.-Iran peace deal is reached, market watchers told CNBC as prices ticked higher on Thursday.
Spot gold
jumped 1.2% to $4,750 per ounce early on Thursday, amid hopes that the U.S. and Iran could be nearing a deal to bring the 69-day war to an end.
U.S. gold futures
Precious metals prices have made gains this week, which analysts have attributed to growing hopes for a peace agreement between…
Silver surged as much as 8% Wednesday morning to its highest level since mid-March.
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David Neuhauser, CIO at Livermore Partners, told CNBC's "Access Middle East" that gold has more room to run.
Precious metal hits fresh record as US President Donald Trump renews threats against Iran.
BENGALURU: Gold held largely steady on Friday and was on track for a fourth straight weekly gain, as hopes for a US-Iran peace…
