Gold Holds Near $4,632 Amid Iran Uncertainty

Spot gold edged up 0.2% to $4,632.46/oz, while gold futures rose 0.3% to $4,643.54/oz on 1 May 2026.
Prices had fallen about 1% in April after a near‑12% March slump, driven by inflation fears from the Iran war.
Central banks signaled hawkish stance, with the Fed, ECB, BoE and BoJ hinting at near‑term rate hikes amid rising oil prices.
Spot silver rose 0.9% to $74.43/oz and platinum slipped 0.2% to $1,986.60/oz; trading volume was muted due to Asian holidays.