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Gold dips as inflation jitters return and US Iran peace talks spark market nerves
Economy
Published on 4 May 2026
Rate cut hopes face a new test as oil risks rise
Gold fell on Monday as investors weighed sticky inflation that may delay US rate cuts. Traders also kept a close watch on unfolding US-Iran peace talks, with rising oil prices threatening to keep interest rates elevated. With the Federal Reserve turning more cautious, speculators added to net long positions in gold, betting on a renewed move despite the dip.
- Gold prices slipped as US inflation concerns re-emerged
- Fed rate cut expectations cooled amid recent inflation data
- US-Iran peace talks and oil price risk kept markets on edge
- Speculators increased net long positions in gold
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times