• Business,
  • World

    • Gold Falls Amid Fed Policy Signals and US-Iran Uncertainty”

    By on May 5, 2026
    Gold
    Gold

    Gold Prices Dip While Oil Holds Above $100 per Barrel

    Singapore: Gold prices edged lower today amid inflation concerns and uncertainty surrounding US monetary policy.

    Spot gold fell by 0.3 percent to $4,599.45 per ounce, while US gold futures for June delivery declined by 0.7 percent to $4,611.40 per ounce.

    Markets are also monitoring developments related to possible peace talks between the United States and Iran.

    Oil prices retreated but remained above $100 per barrel amid continued uncertainty.

    The US Federal Reserve kept interest rates unchanged last week and signaled a tighter policy stance, reducing expectations of a rate cut this year.

    Among other precious metals, silver rose by 0.1 percent to $75.38 per ounce, platinum increased by 0.2 percent to $1,991.85 per ounce, while palladium declined by 0.3 percent to $1,519.66 per ounce.

    more recommended stories

    Terms of Use:

  • This website Arabian Daily is an individual’s property, not used for any commercial or sales purposes. What you see here are one’s random thoughts in action. I, by no means, endorse any product or party through this, unless stated explicitly.
  • All work you will find here is copyrighted unless stated otherwise. No part of this work can be reproduced in any way with the exception of a) if you share our work, it should link back to this website; b) if you quote any part of our work, it should be properly credited to us with a link to this website.
  • All images used on this website have been taken from open source image websites on the Internet. If any of them are copyrighted to you and you want us to take them down or add credits, please feel free to contact us here, or by using the contact form on this page.
  • The views expressed on Arabian Daily are solely ours. They do not represent any party or any particular school of thought. This website does not promote racism in any form.
  • Privacy Policy:
    This website will respect the readers’ and the writer’s privacy. We do not sell any of their personal or contact information to another company. We do not put your information on spam lists. Also, and more importantly, we are not responsible for the privacy practices of any of our advertisers or website commenters.
  • Reserve Rights: We reserve the right to change the focus on this website, to shut it down, sell it or to change the terms of use at our own discretion.