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Gold Surges Past $4,770 as Geopolitical Optimism Cools Inflation Fears

By 24/7 Wall Street May 07, 2026 Bullish
Gold Surges Past $4,770 as Geopolitical Optimism Cools Inflation Fears
Gold is shining, with the PHLX Gold/Silver Sector (^XAU) jumping roughly 4% as spot gold climbed 1.5% and silver ripped 6.5% higher.
Tickers: GLD
Gold is shining, with the PHLX Gold/Silver Sector (^XAU) jumping roughly 4% as spot gold climbed 1.5% and silver ripped 6.5% higher.