Gold Up to $4,695 Amid Iran Talks

Spot gold rose 0.3% to $4,695.07/oz and futures to $4,710.04/oz in Asian trade on 28‑Apr‑2026.
Iran proposed reopening the Strait of Hormuz, but U.S. skepticism persisted, leaving future talks uncertain.
The BOJ and Fed are expected to keep rates unchanged, with BOJ likely hawkish and Fed meeting marking Powell’s final session.
Oil prices rose this week, adding inflation pressure, while spot silver and platinum also gained 0.5% and 0.6% respectively.