{"id":904146,"date":"2026-05-07T08:12:27","date_gmt":"2026-05-07T13:12:27","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/05\/07\/gold-prices-rebound-in-cautious-trade\/"},"modified":"2026-05-07T08:12:27","modified_gmt":"2026-05-07T13:12:27","slug":"gold-prices-rebound-in-cautious-trade","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/05\/07\/gold-prices-rebound-in-cautious-trade\/","title":{"rendered":"Gold Prices Rebound In Cautious Trade"},"content":{"rendered":"
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(RTTNews) – Gold prices rose more than 1 percent on Friday amid hopes of easing Middle East tensions. <\/p>\n

Spot gold surged 1.2 percent to $4,432 an ounce after falling nearly 3 percent in the previous session. The precious metal, however, remains on track for a weekly loss on inflation and rate-hike jitters. <\/p>\n

The U.S. dollar is benefiting from risk aversion as the Middle East conflict showed no signs of easing, with fresh strikes reported in Iran, Israel and Lebanon. <\/p>\n

Israel struck key infrastructure at multiple locations inside Iran, while Iranian missiles targeted Israel and the UAE.<\/p>\n

Regional risks and oil supply concerns persist amid conflicting messaging on the status of peace talks between the United States and Iran. <\/p>\n

On Thursday, U.S. President Donald Trump said he would delay a threatened strike on Iran’s energy infrastructure and extend his deadline for Tehran to reopen the Strait of Hormuz until April 6, adding talks with Iran were going “very well.”<\/p>\n

Trump said Iran had allowed 10 oil tankers to pass through the Strait of Hormuz this week.<\/p>\n

Additionally, Treasury Secretary Scott Bessent said Thursday that that an insurance program aimed at boosting shipping through the waterway would begin soon.<\/p>\n

At the same time, Trump issued a stark warning to Iran, saying the U.S. will “keep blowing them away” if a deal is not reached.<\/p>\n

Media reports suggest that the Pentagon is reportedly considering sending up to 10,000 additional ground troops to the Middle East.<\/p>\n

Elsewhere, Iran’s local media reported that the country is mobilizing more than one million ground troops to fight against the United States.<\/p>\n

The U.S. has deployed uncrewed drone speedboats for patrols as part of its operations against Iran, Reuters reported as Iran seeks to establish a system of approved passage for ships through the crucial waterway.<\/p>\n

U.S. 10-year Treasury yields have surged to around 4.42 percent, raising concerns about the outlook for interest rates and financial conditions. <\/p>\n

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.<\/p>\n<\/p><\/div>\n

Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

(RTTNews) – Gold prices rose more than 1 percent on Friday amid hopes of easing Middle East tensions. Spot gold surged 1.2 percent to $4,432 an ounce after falling nearly 3 percent in the previous session. The precious metal, however, remains on track for a weekly loss on inflation and rate-hike jitters. The U.S. dollar<\/p>\n","protected":false},"author":1,"featured_media":904147,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22266,26795],"tags":[6049,11259],"class_list":{"0":"post-904146","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-prices","8":"category-rebound","9":"tag-prices","10":"tag-rebound"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/904146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=904146"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/904146\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/904147"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=904146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=904146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=904146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}