Eco

Political Optimism Lifts Gold Toward Weekly Gain

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rafidayn24 Apr 17, 2026
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Political Optimism Lifts Gold Toward Weekly Gain

Gold is set for a fourth weekly gain, supported by optimism over a potential deal between Washington and Tehran to end tensions impacting global markets.

This optimism has eased concerns over inflation.

And energy price volatility.

Following remarks by Donald Trump about a possible lasting agreement.

Gold held near $4,795 per ounce.

In early Friday trading.

After gaining about 1% this week.

According to Bloomberg.

As investors monitor negotiations.

And their potential impact on markets.