Gold and Silver Rise on US-Iran Truce Hopes

Gold and silver prices surged due to optimism over a potential truce between the U.S. and Iran, which eased inflation concerns by lowering oil prices. The dollar weakened as investors anticipated possible Federal Reserve rate cuts.

By Yvonne Yue Li Wed, May 6, 2026 at 11:44 PM GMT+3 2 min read · Yahoo Finance ·

Gold and Silver Rise on US-Iran Truce Hopes

Topics: gold inflation expectations silver US-Iran tensions

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