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Gold inches toward fourth straight weekly gain on US Iran peace deal hopes
Economy
Published on 24 April 2026
Weekend talks optimism is lifting bullion despite cautious jobs data
Gold prices stayed steady and are poised for a fourth weekly gain as hopes for a US-Iran peace deal reduce worries about inflation and interest rates. Optimism also grew after a ceasefire between Lebanon and Israel, with potential US-Iran talks over the weekend. Even with stable US unemployment claims, employers remain cautious amid the ongoing conflict.
- Gold holds steady and targets a fourth weekly gain
- US-Iran peace deal hopes ease inflation and rate concerns
- Ceasefire in Lebanon Israel boosts overall risk sentiment
- US jobless claims look stable but hiring confidence remains cautious
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times