Gold Rises 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 April 28, 2026.
Precious metals also gained, with silver up 0.5% to $75.94/oz and platinum up 0.6% to $1,999.04/oz.
Prices remained rangebound amid Iran war uncertainty, oil price rise, and upcoming BOJ and Fed meetings expected to keep rates unchanged.
US‑Iran direct talks stalled; Iran proposed reopening the Strait of Hormuz, but the US remains skeptical, adding geopolitical risk.