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Commodities

Dollar Eases, Gold Gains Amid US-Iran Tensions

Guavy AI Editorial Team
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Oil Gold
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Gold prices rose as the dollar softened in Singapore on September 9, 2026. The US-Iran tensions and upcoming inflation data kept investors focused on interest rate outlook.

Spot gold gained 0.4 percent to $4,372.19 per ounce. US gold futures for December delivery slipped 0.5 percent to $4,416.00 per ounce. A weaker dollar made bullion more affordable for holders of other currencies.

Markets await the US producer price index data due on September 10 and consumer price index figures on September 11. Brent crude continued its winning streak, with higher oil prices likely to add upward pressure on inflation.

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