Gold Prices Rise for Fourth Week Amid U.S.-Iran Peace Deal Hopes
Gold prices are on track for a fourth consecutive weekly gain as investors anticipate a lasting U.S.-Iran peace deal, which could lower inflation and interest rates. Spot gold was trading at $4,890 per ounce on April 17, up 1% for the week, with the U.S. dollar falling to a six-week low and crude oil prices declining.
Topics: crude oil prices gold prices interest rates U.S. dollar U.S.-Iran peace deal