Extending gains for the third consecutive day, gold prices have edged higher amid increasing expectations of an end to the gulf war as the Iranian regime analyzes a peace proposal offered by the U.S. to end the war and commence negotiations on all issues.
Front Month Comex Gold for June month delivery has climbed by $20.80 (or 0.44%) to $4,715.10 per troy ounce.
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Market Analysis
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.