Gold prices traded higher on Monday, oil prices tumbled nearly 5 percent and the dollar hovered near a one-week low after U.S. President Donald Trump said on Saturday a peace deal with Iran had been “largely negotiated.”Spot gold rose a little over 1 percent to $4,556.54 an ounce while U.S. gold futures for August delivery were up 0.7 percent at $4,590.34.Trump said on Saturday that an agreement w…

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Gold Prices Surge As Oil Slumps On US-Iran Peace Deal Hopes

2026-05-25 09:34:57

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