Gold and silver's historic rally could resume 'as fog of war lifts', market watchers say
- Posted on May 7, 2026
- By CNBC
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- 1 min read
Gold and silver's historic rally could resume 'as fog of war lifts', market watchers say
On Thursday, spot gold jumped 1.2% to $4,750 per ounce amid hopes that the U.S. and Iran could be nearing a deal to bring the 69-day war to an end.
