Gold prices extended gains on Thursday as investors closely tracked diplomatic developments between the United States and Iran, while awaiting key US economic data for clues on Federal Reserve policy. COMEX gold futures climbed above $4,740, with spot gold holding near recent highs after a sharp rally in the previous session. A weaker US dollar, softer oil prices, and expectations of potential US rate cuts continued to support bullion demand, while domestic MCX gold prices also remained firm amid persistent geopolitical uncertainty.
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Last Updated on: 07 May, 2026 | 10:24 PM
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Last Updated on: 07 May, 2026 | 10:24 PM
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