Gold, silver prices recoup losses on US-Iran peace deal despite hawkish US Fed policy; Spot gold rate gains over 1% (opens original article in a new tab)

Gold and silver prices rebounded after previous declines, with gold rising 1.5% to $4,322.41 per ounce and silver gaining 2.2% to $69.51 per ounce, driven by the US-Iran peace deal and mixed monetary policy expectations.

• Gold prices rose 1.5% to $4,322.41 per ounce after a 1.7% decline in the previous session.
• Spot silver price gained 2.2% to $69.51 per ounce following a 3% drop in the previous session.
• US-Iran peace deal led to falling crude oil prices, contributing to gold price recovery.