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Gold Steadies as Traders Weigh Diplomatic Push to End Iran War
Gold was little changed as traders weighed the latest efforts by the US and Iran to find a negotiated solution to the two-month war that’s choked energy supplies and heightened inflation risks. Bullion was near $4,690 an ounce in early trading, having slipped 0.6% on Monday. US President Donald Trump convened a meeting of national security officials to discuss Iran’s latest peace proposal but maintained red lines on any deal to end the conflict, White House Press Secretary Karoline Leavitt said. The comments followed reports that Tehran proposed an interim deal whereby it reopens the Strait of Hormuz in exchange ... (full story)
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From finance.yahoo.com | Apr 27, 2026
Gold edged lower as efforts to resume peace talks between the US and Iran remained at an impasse, two months into a war that’s upended global markets and raised inflation risks. Bullion slipped below $4,700 an ounce on Monday, after Axios reported that Iran had given the US a new proposal to reopen the Strait of Hormuz while postponing negotiations on its ...
TRUMP SKEPTICAL OF IRAN'S STRAIT OF HORMUZ PROPOSAL -- WSJ *WHITE HOUSE MAY OFFER COUNTERPROPOSALS IN COMING DAYS: WSJ The market is closed so... President Trump and his national-security team are skeptical of Iran’s offer of a deal that would see the Strait of Hormuz open and discussions about its nuclear work tabled, U.S. officials said: WSJ #OOTT | Trump Skeptical Of Iran’s Strait Of Hormuz Proposal – WSJ
Iran's Foreign Minister Araqchi announced that Donald Trump has requested negotiations because the United States has not achieved any of its goals, and we are reviewing this request.
