Extending two days of gains, gold prices have soared on Friday as safe-haven demand for the U.S. dollar diminished following yesterday’s announcement by U.S. President Donald Trump indicated a shift in the strategy against Iran from military aggression to economic pressure.
Front Month Comex Gold for September month delivery has surged by $108.80 (or 2.41%) to $4,629.50 per troy ounce.
Front Month Comex Silver for September month delivery has also soared by $1.455 (or 2.14%) to $69.560 per troy ounce.
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Market Analysis
Gold Surges Amid Weakening U.S. Dollar After Trump Switches To Economic Blockade Against Iran
2026-08-21 17:50:54
