Baku 14° C
Gold prices steady as markets await progress in Middle East talks
Finance
- 05 August, 2026
- 09:51
Add Report.az to preferred Google sources
Stay up to date with the top news!
Gold prices stabilized as traders weighed signs of progress in diplomatic efforts in the Middle East.
According to Report, trading data showed that gold futures rose above $4,200 per troy ounce for the first time since July 6, gaining more than 1%.
Silver also advanced 2.1% to $61.5 per troy ounce.
At the same time, markets are pricing in a 57% probability that the US Federal Reserve will raise interest rates at its September 15–16 policy meeting.
Author
Latest News
23:57
Bulgarian Air Force fighter jets escort two passenger planes following bomb threats
Other countries
23:49
Hakan Fidan: Türkiye will continue to defend rights and interests of Northern Cyprus
Region
23:25
Donald Trump appoints Stephen Miller as White House chief of staff
Other countries
23:21
Unknowns attempt to set French school on fire during classes
Other countries
22:59
Photo
SOCAR and Honeywell Technologies sign Global Framework Agreement
Energy
22:38
FT: Europe threatened with new wave of attacks on transport
Other countries
22:34
Photo
Official reception to mark Azerbaijan's Victory Day held in Serbia
Foreign policy
22:09
Tahir Taghizada: Azerbaijan strengthens its role as connectivity hub between Europe and Asia
Foreign policy
21:38
Participants of Azerbaijan NGOs Cooperation Forum address President Ilham Aliyev
Domestic policy