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Gold climbs above $4,550 on US‑Iran deal hopes
Gold price (XAU/USD) rises to near $4,570 during the early Asian trading hours on Monday. The precious metal attracts some buyers on weaker US Dollar (USD) after the reports that the United States (US) and Iran are closing in on a deal that would reopen the Strait of Hormuz. Bloomberg reported on Sunday that Washington and Tehran have signaled progress in talks to end the war, even as US President Donald Trump said he won’t “rush” into an agreement. Last week, US Secretary of State Marco Rubio stated that there were “good signs” that an agreement to end the conflict is in sight, but warned any such deal ... (full story)
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- May 24, 2026 7:00pm Posted byFundamental Analysis110
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