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Gold Extends Gains as Traders Gauge Prospects of Ceasefire Talks
Gold extended gains Wednesday after snapping a nine-day losing streak as traders weighed the likelihood of US-Iran ceasefire talks. Bullion advanced as much as 2.8%, adding to a 1.6% jump in the previous session, after the US drafted a 15-point plan intended to help bring the war with Iran to a close. Stocks and bonds rose while oil fell, even as Iran said it rejected the ceasefire proposal and maintained attacks on Israel and Gulf Arab states. Even though the proposal was rejected, it signaled to markets that “there’s an intent from the US to move toward some sort of resolution,” said Helen Amos, commodities ... (full story)
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- Mar 25, 2026 12:30pm Posted byFundamental Analysis2,389
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