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Gold edges higher as oil slides and US Iran ceasefire extended
Economy
Published on 24 April 2026
Ceasefire extended as traders weigh inflation risk
Gold rose as oil prices eased and the US extended its ceasefire with Iran, boosting risk sentiment. Investors weighed a softer inflation outlook linked to weaker oil against persistent geopolitical uncertainty. The move highlights how commodities are reacting not just to energy costs, but also to shifting Middle East risk and policy signals.
- Gold gained as oil prices weakened
- US extended the ceasefire with Iran, lifting sentiment
- Investors balanced lower inflation fears against ongoing geopolitics
- Commodity moves reflect both energy and risk signals
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times