Miner Company
Gold rises on Iran ceasefire: can gains hold as oil cools?
Gold climbed on Wednesday after President Donald Trump extended the Iran ceasefire, though gains were tempered as easing oil prices reduced some inflation concerns even while the broader geopolitical outlook remained uncertain. Spot gold rebounded 0.9% to $4,755.11 an ounce by 0225 GMT after hitting an April 13 low, while June US gold futures rose 1.1% to $4,772.90.
Tickers: AAAUBARDBPDGLGLDGLDMIAUOUNZSGOLUGL
Gold climbed on Wednesday after President Donald Trump extended the Iran ceasefire, though gains were tempered as easing oil prices reduced some inflation concerns even while the broader geopolitical outlook remained uncertain. Spot gold rebounded 0.9% to $4,755.11 an ounce by 0225 GMT after hitting an April 13 low, while June US gold futures rose 1.1% to $4,772.90.