Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

Gold Prices Soar Amid Oil Price Drop and Federal Reserve Anticipation

Guavy AI Editorial Team
Instruments
Oil Gold
Share

Gold prices rose globally on Monday as oil prices fell and investors focused on the Federal Reserve's interest-rate decision. Spot gold increased by 1% to $4,092.87 per ounce, while US gold futures for August delivery rose 0.7% to $4,098.

The decline in oil prices followed Iran's statement that it would stop its attacks if the United States avoided further action, reducing concerns about energy supply and inflation.

A weaker US dollar and lower Treasury yields also supported gold, making it cheaper for buyers using other currencies and reducing the opportunity cost of holding it.

More on Commodities

Commodities 2m ago

Gold Buyers Test Resistance Amid Easing Mideast Tensions and Slumping Oil Prices

Commodities 2m ago

Chennai Gold Price Drops to Rs 1,05,720 Per Sovereign

Commodities 3m ago

China's Gold Buying Binge Signals New Era for Precious Metals

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy