Gold Prices Surge Above $4,700 as Iran Deal Optimism Lifts Bullion

Gold prices climbed sharply on 6 May 2026, reaching their highest level in a week as investors reacted to growing optimism over a potential agreement between the United States and Iran to end the ongoing conflict, according to Bloomberg. Spot gold rose by more than 3%, surpassing $4,700 per ounce, while Comex futures approached $4,718, […] The post Gold Prices Surge Above $4,700 as Iran Deal Optimism Lifts Bullion appeared first on The Middle East Observer.