Gold Steady as US-Iran Talks Progress, but Risks Remain

2026-04-15 13:35 By Joana Ferreira 1 min. read

Gold traded around $4,820 per ounce on Wednesday, just below one-month highs, as investors weighed developments in US-Iran peace talks aimed at ending Middle East hostilities.

According to the Associated Press, mediators have made progress in extending the ceasefire, with both sides agreeing in principle to prolong negotiations focused on Tehran’s nuclear program, the Strait of Hormuz, and war compensation.

US President Donald Trump suggested a deal could be near, though uncertainty lingers after the US announced plans to deploy 10,000 more troops to the region soon.

Meanwhile, the dollar remains near six-week lows, supporting bullion.

Markets have also tempered expectations for tighter monetary policy, with the Federal Reserve adopting a cautious stance as it assesses inflation risks.

Gold, typically an inflation hedge, has fallen 10% since the Iran conflict began, as higher interest rates curb demand for the non-yielding asset.



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Gold Steady as US-Iran Talks Progress, but Risks Remain
Gold traded around $4,820 per ounce on Wednesday, just below one-month highs, as investors weighed developments in US-Iran peace talks aimed at ending Middle East hostilities. According to the Associated Press, mediators have made progress in extending the ceasefire, with both sides agreeing in principle to prolong negotiations focused on Tehran’s nuclear program, the Strait of Hormuz, and war compensation. US President Donald Trump suggested a deal could be near, though uncertainty lingers after the US announced plans to deploy 10,000 more troops to the region soon. Meanwhile, the dollar remains near six-week lows, supporting bullion. Markets have also tempered expectations for tighter monetary policy, with the Federal Reserve adopting a cautious stance as it assesses inflation risks. Gold, typically an inflation hedge, has fallen 10% since the Iran conflict began, as higher interest rates curb demand for the non-yielding asset.
2026-04-15
Gold Holds Firm on US-Iran Optimism
Gold traded above $4,800 an ounce on Wednesday after rising about 2% in the previous session, supported by hopes that the US and Iran can strike a deal to end the conflict, easing fears of an energy-led inflation shock. Washington and Tehran are reportedly working to schedule a second round of peace talks in the coming days after last weekend’s negotiations collapsed. The US is continuing its naval blockade of Iranian oil exports in the Strait of Hormuz, while Iran is considering a temporary suspension of shipments through the route to help advance a potential agreement. Meanwhile, crude oil retreated below $90 per barrel and the dollar index slipped to a six-week low, lending further support to gold. Markets have also dialed back hawkish expectations for monetary policy, with the Federal Reserve adopting a wait-and-see stance as it evaluates inflation risks.
2026-04-14
Gold Surges as Iran Talks Weaken Dollar, Ease Inflation Fears
Gold climbed to $4,800 per ounce on Tuesday, its highest level since March 18, as progress in US-Iran negotiations weighed on the dollar and pushed oil prices below $100 a barrel, easing inflation concerns. Although weekend talks failed to yield an agreement and the Strait of Hormuz blockade took effect, US officials signaled plans for further negotiations before the two-week ceasefire expires. The dollar fell to a one-month low, and crude prices retreated on hopes for a longer-term deal, reducing fears of sustained inflation and rate hikes. Markets now price in a nearly 30% chance of a Fed rate cut this year. Despite the rally, gold remains about 10% below its pre-conflict level.
2026-04-14