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Gold prices hold steady today as markets watch inflation easing and US Iran peace talks
Economy
Published on 8 May 2026
Easing inflation fears are back in focus
Gold and silver prices stayed largely unchanged on May 8, 2026, after a recent rise linked to easing inflation concerns and hopes of US Iran peace talks. Analysts suggest gold may climb toward $4,800 to $4,850, while silver could target $85. Traders are now waiting on key economic data to set the next move.
- Gold and silver prices were mostly unchanged on May 8
- Recent gains were tied to easing inflation concerns
- US Iran peace talk hopes are supporting sentiment
- Market direction may hinge on upcoming economic data
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times