economy
Gold and silver's historic rally could resume 'as fog of war lifts', market watchers say
On Thursday, spot gold jumped 1.2% to $4,750 per ounce amid hopes that the U.S. and Iran could be nearing a deal to bring the 69-day war to an end.
TL;DR
- Spot gold rose 1.2% to $4,750 per ounce.
- The price increase occurred on Thursday.
- Hopes for a U.S.-Iran deal to end a 69-day war contributed to the rally.