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Gold Holds Gain as US, Iran Prepare to Sign Interim Peace Deal

Gold Holds Gain as US, Iran Prepare to Sign Interim Peace Deal
Bloomberg Markets Tuesday 16 June 2026, 23:48 UTC By Yihui Xie 1 min read
Key Points

Gold Holds Gain as US, Iran Prepare to Sign Interim Peace Deal Gold held gains, as the US and Iran prepared to sign an interim peace deal that may ease global inflationary pressures arising from the war. Bullion was near $4,335 an ounce, after advancing more than 6% over the past four sessions. Financial details of the US-Iran agreement are emerging, including that the Islamic Republic would be allowed to sell its oil immediately and get eventual access to its frozen assets.

Gold Holds Gain as US, Iran Prepare to Sign Interim Peace Deal Gold held gains, as the US and Iran prepared to sign an interim peace deal that may ease global inflationary pressures arising from the war. Bullion was near $4,335 an ounce, after advancing more than 6% over the past four sessions. Financial details of the US-Iran agreement are emerging, including that the Islamic Republic would be allowed to sell its oil immediately and get eventual access to its frozen assets.
Gold Holds Gain (ORG) US (LOCATION) Iran (LOCATION) the Islamic Republic (LOCATION)
Originally published by Bloomberg Markets Read original →

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