Gold Prices Ease as Inflation Concerns Persist During U.S.-Iran Negotiations
Key takeaways
- By 05:51 ET (09:51 GMT), spot gold had declined 0.4% to $4,491.28 per ounce, while gold futures slipped 0.3% to $4,523.20 per ounce.
- Al Jazeera reported that indirect talks between Washington and Tehran were still ongoing despite military exchanges earlier this week.
- Secretary of State Marco Rubio said earlier this week that it could take a “few days” before Washington and Tehran are able to finalise an agreement.
Gold Prices Ease as Inflation Concerns Persist During U.S.-Iran Negotiations Fiona Craig Wed, May 27, 2026 at 5:11 PM GMT+7 2 min read GC=F gold3 Gold prices moved slightly lower on Wednesday as investors continued to assess uncertainty surrounding peace negotiations between the United States and Iran, while concerns over rising energy costs and the possibility of additional central bank rate hikes remained in focus.
By 05:51 ET (09:51 GMT), spot gold had declined 0.4% to $4,491.28 per ounce, while gold futures slipped 0.3% to $4,523.20 per ounce.
Al Jazeera reported that indirect talks between Washington and Tehran were still ongoing despite military exchanges earlier this week. The United States said the fragile ceasefire remained intact, while Iran warned that any breach of the truce would trigger retaliation.