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Gold Jumps 0.9% as Middle East Pause Cuts Oil

7/27/2026

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Summary

Story summary

U.S. gold prices rose Monday as a pause in Middle East hostilities lowered oil prices and eased inflation concerns.
Spot gold rose 0.9% to $4,087.79 per ounce by 0421 GMT.
The U.S. dollar index fell 0.3%, making dollar-priced metals cheaper for holders of other currencies.
Analyst Tim Waterer said gold benefited from oil and dollar price moves after oil fell more than 4% when the United States paused its bombing campaign.

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Story summary

U.S. gold prices rose Monday as a pause in Middle East hostilities lowered oil prices and eased inflation concerns.
Spot gold rose 0.9% to $4,087.79 per ounce by 0421 GMT.
The U.S. dollar index fell 0.3%, making dollar-priced metals cheaper for holders of other currencies.
Analyst Tim Waterer said gold benefited from oil and dollar price moves after oil fell more than 4% when the United States paused its bombing campaign.