Gold Rallies as Iran Peace Hopes Ease Yields and Dollar Pressure
Yahoo Finance·2026-05-09 02:40
Happy Friday, traders. Welcome to our weekly market wrap, where we take a look back at these last five trading days with a focus on the market news, economic data, and headlines that had the most impact on gold prices and other key correlated assets—and may continue to in the future. Here's what you need to know: Gold prices rallied this week, holding the risk balance just above $4,500/oz and looking poised to close with a healthy gain near $4,750/oz. Traders are now watching whether the yellow metal ca ...