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Gold and silver prices rise as oil dips on U.S.-Iran truce hopes, despite strong U.S. data boosting Fed rate hike bets.

Market News
25 Sep 2026
Kitco
View Source
Neutral
Gold and silver prices rise as oil dips on U.S.-Iran truce hopes, despite strong U.S. data boosting Fed rate hike bets.

Gold prices rose 0.62% to around $4,300 an ounce and silver jumped 1.62% amid early U.S. trading, supported by hopes of a U.S.-Iran truce easing oil supply fears. Oil prices fell as negotiators discussed reopening the Strait of Hormuz and lifting sanctions on Iran, reducing immediate inflation pressures. However, strong U.S. economic data, including durable goods orders and lower jobless claims, reinforced expectations of further Federal Reserve rate hikes, keeping Treasury yields high and limiting gold's weekly gains. Market focus remains on upcoming consumer sentiment and inflation data, with gold bulls eyeing resistance near $4,345 and bears watching support around $4,245.

The metals market, including gold and silver, is noted here with Pluang's broader US stock market data for context. For readers following US stocks, here is Pluang's market snapshot as of Sep 25, 2026 19:11 WIB: out of 150 priced US stocks, 100 rose and 46 fell. Among notable movers, ASX gained 2.02% to USD 44.38 despite 83% of Pluang orders being sell, contrasting with IQ which dropped 1.92% to USD 1.02 with 97% sell orders, while UMC rose 1.91% to USD 24.56 supported by 96% buy orders. This shows a mixed sentiment across different stocks at this time.

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