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Gold and Silver Firm as Oil Slips on U.S.-Iran Truce Hopes
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- Published
- Sep 25, 2026, 1:40 PM UTC
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Gold and silver firmed Friday as oil fell on U.S.-Iran truce hopes, but elevated Treasury yields and Fed rate-hike expectations kept bullion on track for a weekly loss.
In the global market, gold futures on Comex fell to around $4,230 per ounce, touching a seven-week low, while silver slipped below $62.50 per ounce
Gold eased in early Monday trade as oil extended Hormuz-driven gains after Trump rejected Iran's reopening offer, with markets weighing a firmer inflation and…