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Gold And Silver Reach Highest Prices In Weeks Amid Iran Peace Hopes

By Forbes May 07, 2026 Bullish
Gold And Silver Reach Highest Prices In Weeks Amid Iran Peace Hopes
TD Securities strategists said in a note cited by Bloomberg Thursday morning gold and silver prices are being pushed up by “headlines of a potential peace deal,” though they cautioned these price swings are “extremely fragile to reversal as US and Iranian demands seemingly remain unchanged compared to prior proposals.” Analysts from Sucden Financial said in an email to Forbes a softening dollar—which is down about 0.15% Thursday morning—has helped metals prices rise, also citing “renewed diploma
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TD Securities strategists said in a note cited by Bloomberg Thursday morning gold and silver prices are being pushed up by “headlines of a potential peace deal,” though they cautioned these price swings are “extremely fragile to reversal as US and Iranian demands seemingly remain unchanged compared to prior proposals.” Analysts from Sucden Financial said in an email to Forbes a softening dollar—which is down about 0.15% Thursday morning—has helped metals prices rise, also citing “renewed diplomatic expectations.