Economy & Finance
Aug 05, 2026
Gold Hits 7-Week Peak: Spot Gold at $4,254.98 as Iran Hormuz Hopes Build
Gold hits 7-week peak. Spot gold $4,254.98 (+0.2%), highest since June 18. US futures $4,312.80. Biggest daily gain since February. Iran-Oman Hormuz agreement progress driving optimism.