Gold saw a slight recovery after the US postponed strikes on Iran, easing immediate geopolitical tensions. Despite this pause, concerns over inflation persist due to high energy prices, prompting investors to re-evaluate their positions in precious metals. The long-term outlook for gold remains influenced by ongoing conflict and central bank policies.
US stocks today: S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week
The S&P 500 and Nasdaq reached record highs, fueled by strong earnings and falling crude prices, marking their longest weekly gain streak since October 2024.