Saturday 7 November 2026Market closed, reopens
Gold, per troy ounce
$4,072.10
Last checked
Gold is at $4,072. The change on the day appears after the first daily close is saved.
The biggest story: Qeshm island and Hormuz hit, as mediators try to prevent US-Iran escalation.
Trouble for tankers threatens oil flows from the Gulf. More expensive oil keeps inflation and US interest rates high, which gold does not like.
Mostly bearish
0 bullish and 7 bearish stories. High-impact stories count double.
Only stories that can move the price. Each verdict is what the news usually means for gold, and the effect line says when it usually reaches the price. The price does not always follow either. Why that happens. See how often the verdicts were right.
Trouble for tankers threatens oil flows from the Gulf. More expensive oil keeps inflation and US interest rates high, which gold does not like.
Effect: right now
Gold $4,072 when this landed Read at Al Jazeera
A bigger war in the Gulf threatens oil supply. More expensive oil keeps inflation and US interest rates high, which hurts gold.
Effect: right now
A bigger war in the Gulf threatens oil supply. More expensive oil keeps inflation and US interest rates high, which hurts gold.
Effect: right now
Trouble for tankers threatens oil flows from the Gulf. More expensive oil keeps inflation and US interest rates high, which gold does not like.
Effect: right now
A strong US jobs market gives the Fed room to keep rates high, which usually hurts gold.
Effect: right now
A strong US jobs market gives the Fed room to keep rates high, which usually hurts gold.
Effect: right now
A strong US jobs market gives the Fed room to keep rates high, which usually hurts gold.
Effect: right now
No high-impact stories in the past 24 hours.
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