Gold prices on COMEX rebounded by 2%, while silver surged over 4% as investors reacted to inflation concerns, potential US interest rate hikes, and geopolitical tensions.
COMEX gold price jumped 2.2% to $4,204.40 per ounce
Jun 12, 2026
09:29 am
What's the storyGold and silver prices surged on Friday, driven by persistent inflation and ongoing global tensions.
The COMEX gold price jumped 2.2% to $4,204.40 per ounce after a volatile week where it hit a more-than-six-month low before recovering.
Spot gold extends gains, rises nearly 2% to $4,154 per ounce as inflation keeps investors on edge
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Gold rose 0.40% to $4,541.50 per ounce, while silver jumped 1.41% to $77.27 as escalating US-Iran tensions bolstered safe-haven…
Spot gold climbed nearly 2% to $4,154.32 per ounce as persistent 4.2% inflation and central bank uncertainty keep investors…
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Gold and silver prices rose sharply, with gold up 1.4% and silver jumping 3.9%, as falling oil prices and US-Iran peace talk…
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