Macro Finance
Gold Holds Biggest Jump in Two Months on Iran Peace-Deal Hopes
Bloomberg Markets·November 3, 2026·1 min read
Gold held steady after posting its biggest jump in two months on Monday, driven by hopes of a US-Iran peace deal that sent oil prices plunging and eased inflation anxiety. Investors shifted toward safe-haven assets amid geopolitical uncertainty, with the precious metal's gains reflecting reduced concerns over accelerating price pressures.
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