Gold prices jumped more than 1 percent on Tuesday amid hopes the U.S. and Iran will resume peace negotiations.
Spot gold traded 1.4 percent higher at $4,063 an ounce after reclaiming the psychologically important $4,000-an-ounce level on Monday. U.S. gold futures were up 1.3 percent at $4,065.97.
The dollar softened while Brent crude futures steadied around $89 a barrel, halting a recent rally as reports of mediation efforts between the United States and Iran helped ease worries over supply disruptions in the Middle East.
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Gold Prices Jump Amid US-Iran Ceasefire Hopes
2026-07-21 09:48:45
