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Gold Weekly Outlook: Holds $4,800 Support as US-Iran Diplomacy and Key Data Shape Next Move

From fxleaders.com

As of Saturday, April 18, 2026, the price of spot gold is ticking along near a sticky range of $4,800 to $4,850 a pop, following last weeks wild price swings, and – if current trends continue – is on track to chalk up a fourth consecutive weekly gain. But prices did ease slightly back from mid-week highs near $4,841 to $4,858 – a bit of a rollercoaster, given the mixed signals coming out of US – Iran diplomatic developments. This Weeks Key Drivers A bit of optimism around possible ceasefire extensions and renewed talks, potentially kicking off this weekend, has seen safe-haven demand take a bit of a knock and eased ... (full story)

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  • Category: Fundamental Analysis