Gold traded higher on Tuesday, extending its recovery from a six-month low as falling oil prices helped ease worries about inflation and the outlook for interest rates.

Spot gold jumped 0.8 percent to $4,342.37 an ounce, while U.S. gold futures were up 0.3 percent at $4,364.51.

Brent crude futures held near $82 a barrel after reports suggested that U.S. President Trump may release a preliminary deal to end the war with Iran before Friday.

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Market Analysis




Gold Inches Higher As Oil Extends Slide On Iran Deal

2026-06-16 10:03:30

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