SINGAPORE, 25 May 2026 – Gold advanced as investors assessed signs that the United States and Iran may be moving closer to an agreement that could reopen the Strait of Hormuz, easing oil-driven inflation concerns and reducing some pressure on the interest-rate outlook.
Bullion climbed more than 1% on Monday, with spot gold reaching about US$4,560.09 per ounce, supported by a weaker US dollar and a sharp decline in oil prices. The move came as markets responded to improving prospects for a potential US-Iran arrangement, although investors remained cautious as no final deal has been confirmed.
Unlock the Full Article
This article is exclusive to The Ledger Asia Subsribers / PAID members.
Already have an account? Log in here
