Gold Futures News - May 2026
Gold stabilizes near $4,538, following US-Iran peace deal reports
Gold prices stabilized at $4,538 per ounce on May 22, 2026. A Pakistani mediator finalized a draft peace agreement between the United States and Iran. The...
Gold Sinks Toward $4,500 as Iran's Uranium Standoff and a Hawkish Fed Collide — Can the Metal Hold Its Floor?
Gold slumped to a two-month low this week, caught between two forces pulling in opposite directions. The metal bottomed at $4,490 in a session before...
Gold Sinks Toward $4,500, Driven by US-Iran Nuclear Impasse and Fed
Gold prices slumped to $4,507 per ounce, testing key support levels near $4,500. Iranian Supreme Leader Ayatollah Mojtaba Khamenei issued a directive banning...
Fed mulls rate hikes, gold hits $4,530 on weaker dollar
The Federal Reserve released minutes from its April 28-29 meeting. Policymakers adopted a surprisingly hawkish stance, with a growing number of officials open...
Gold Hits Monthly Low, UAE Drone Strike Sparks Rate Hike Fears
Gold prices dropped to a one-month low on Monday, May 18. A weekend drone strike on a UAE nuclear facility pushed crude oil to a two-week high. This...
India Hikes Gold Duty to 15%, Fighting Widening Trade Deficit
India increased the import duty on gold and silver to 15%. This change took effect on May 14, 2026. The previous duty rate was 6%. This policy aims to support...
Gold Hits $4,699, Driven by Inflation and Strait of Hormuz Closure
Gold futures (GC=F) traded at $4,698.90 during the May 13, 2026, open session. April CPI reached 3.8%. PPI jumped 1.4%, marking the largest wholesale price...