Gold climbed toward $4,600 an ounce on Monday, recovering losses from last week as increasing optimism over a potential US-Iran agreement eased concerns about inflation and interest rate hikes. Reports indicated that the proposed deal could reopen the Strait of Hormuz, end hostilities, release some frozen Iranian assets, and lay the groundwork for additional negotiations aimed at restricting Tehran’s nuclear program. However, President Donald Trump said the US would keep its blockade of the Strait of Hormuz in place until a formal agreement is finalized. Despite Monday’s rebound, gold remains roughly 13% lower since the Middle East conflict began, as fears of an energy-driven inflation shock fueled expectations that central banks may need to maintain tighter monetary policy. Investors also continued to assess the outlook for Federal Reserve policy after Governor Christopher Waller signaled he no longer believed the central bank should retain an easing bias in its policy statement.

Gold rose to 4,569.32 USD/t.oz on May 25, 2026, up 1.16% from the previous day. Over the past month, Gold's price has fallen 2.43%, but it is still 36.54% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Gold reached an all time high of 5608.35 in January of 2026. Gold - data, forecasts, historical chart - was last updated on May 25 of 2026.

Gold rose to 4,569.32 USD/t.oz on May 25, 2026, up 1.16% from the previous day. Over the past month, Gold's price has fallen 2.43%, but it is still 36.54% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gold is expected to trade at 4557.56 USD/t oz. by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 4916.03 in 12 months time.



Price Day Month Year Date
Gold 4,569.32 52.57 1.16% -2.43% 36.54% May/25
Silver 78.06 2.710 3.60% 3.41% 133.62% May/25
Copper 6.43 0.0913 1.44% 6.85% 33.90% May/25
Steel 3,189.00 18.00 0.57% 1.24% 4.56% May/25
Lithium 183,250.00 5250 2.95% 4.12% 193.20% May/25
Platinum 1,976.30 36.60 1.89% -1.07% 82.82% May/25
Iron Ore 109.67 -0.12 -0.11% 2.44% 9.88% May/22



Related Last Previous Unit Reference
China Gold Reserves 2313.46 2306.30 Tonnes Mar 2026
United States Gold Reserves 8133.46 8133.46 Tonnes Mar 2026
Russia Gold Reserves 2304.75 2326.52 Tonnes Mar 2026
Italy Gold Reserves 2451.84 2451.87 Tonnes Mar 2026
India Gold Reserves 880.52 880.18 Tonnes Mar 2026
Germany Gold Reserves 3350.25 3350.25 Tonnes Dec 2025
France Gold Reserves 2437.00 2437.00 Tonnes Dec 2025
United States Inflation Rate 3.80 3.30 percent Apr 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Apr 2026

Gold
Gold is one of the most widely followed precious metals and is often regarded as a safe-haven asset during periods of economic uncertainty, inflation, and geopolitical risk. It plays a dual role as both an investment and a consumer good, with demand driven by financial markets, jewelry consumption, and industrial use. Gold is primarily traded on the over-the-counter London market, as well as on major exchanges such as the COMEX and the Shanghai Gold Exchange (SGE). Standard futures contracts typically represent 100 troy ounces. Globally, gold demand is led by jewelry consumption, followed by investment demand and a smaller share from industrial applications. On the supply side, China, Australia, the United States, South Africa, Russia, Peru, and Indonesia are among the largest producers. Major consumers of gold jewelry include India, China, the United States, Turkey, Saudi Arabia, Russia, and the United Arab Emirates. Gold prices displayed on Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments and are intended to provide a general market reference only. These prices do not represent official benchmark prices. The data is supplied by a third party and, while efforts are made to ensure its reliability, Trading Economics does not verify the data and makes no representations or warranties.
Actual Previous Highest Lowest Dates Unit Frequency
4569.32 4516.75 5608.35 34.83 1968 - 2026 USD/t oz. Daily

News Stream
Gold Rises in Iran Deal Hopes
Gold climbed toward $4,600 an ounce on Monday, recovering losses from last week as increasing optimism over a potential US-Iran agreement eased concerns about inflation and interest rate hikes. Reports indicated that the proposed deal could reopen the Strait of Hormuz, end hostilities, release some frozen Iranian assets, and lay the groundwork for additional negotiations aimed at restricting Tehran’s nuclear program. However, President Donald Trump said the US would keep its blockade of the Strait of Hormuz in place until a formal agreement is finalized. Despite Monday’s rebound, gold remains roughly 13% lower since the Middle East conflict began, as fears of an energy-driven inflation shock fueled expectations that central banks may need to maintain tighter monetary policy. Investors also continued to assess the outlook for Federal Reserve policy after Governor Christopher Waller signaled he no longer believed the central bank should retain an easing bias in its policy statement.
2026-05-24
Gold Heads for Second Straight Weekly Decline as Rate Hike Fears Bite
Gold fell to $4,500 per ounce on Friday, heading for a second consecutive weekly decline, as elevated oil prices fueled inflation concerns and boosted expectations for a US interest rate hike this year. Crude held near four-year highs as investors remained cautious about the prospects for a breakthrough in US-Iran peace talks. Iranian media reported that Iran’s foreign minister met Pakistan’s interior minister on Friday to discuss proposals to end the war, while US Secretary of State Marco Rubio noted "slight progress" in mediated talks but warned that Washington and Tehran were "not there yet" on a peace deal. The prolonged conflict and inflation pressures led markets to price in a Federal Reserve rate hike before year-end, with about a 55% chance of at least one 25-basis-point increase by October. Supporting this view, Fed Governor Christopher Waller signaled he no longer believed the central bank should maintain an easing bias in its policy statement.
2026-05-22
Gold Holds Steady Amid US-Iran Uncertainty
Gold hovered above $4,500 an ounce on Friday and was on track to finish the week little changed, as conflicting signals surrounding US-Iran peace negotiations kept investors cautious over inflation risks and the outlook for interest rates. Tehran stated that the latest US proposal had partially bridged the gap between the two sides. However, reports that Iran’s Supreme Leader ordered the country’s enriched uranium stockpile to remain within its borders complicated negotiations, as dismantling Iran’s nuclear program remains a key US objective. Iran is also reportedly in talks with Oman on establishing a permanent toll system that would formalize its control over shipping traffic through the Strait of Hormuz, though President Donald Trump rejected the idea. Despite the recent stability, gold prices remain about 14% lower since the conflict began, amid concerns that an energy-driven inflation shock could prompt central banks to tighten monetary policy.
2026-05-22