{"id":31612,"date":"2026-03-26T02:58:56","date_gmt":"2026-03-26T02:58:56","guid":{"rendered":"https:\/\/www.vtmarketsglobal.com\/en\/uncategorized\/31612\/"},"modified":"2026-03-26T02:58:56","modified_gmt":"2026-03-26T02:58:56","slug":"gold-climbs-nearly-2-as-lower-us-treasury-yields-and-possible-us-iran-negotiations-weaken-oil-prices","status":"publish","type":"post","link":"https:\/\/www.vtmarketsglobal.com\/en\/live-updates\/31612\/","title":{"rendered":"Gold climbs nearly 2% as lower US Treasury yields and possible US\u2013Iran negotiations weaken oil prices"},"content":{"rendered":"Gold (XAU\/USD) rose nearly 2% on Wednesday and was trading at $4,556. Oil futures fell on reports of possible US\u2013Iran talks to end a conflict that began nearly four weeks ago.\n\nThe US sent Iran a 15-point proposal, with talks potentially starting as early as Thursday in Pakistan or Turkey. Iranian media said the proposal was rejected, while other sources said Iran would respond later on Wednesday.\n\n

Dollar Yields And Gold<\/h3>\nThe US Dollar Index (DXY) rose nearly 0.40% to 99.55. US 10-year Treasury yields fell four basis points to 4.328%, supporting gold.\n\nA weak US two-year Treasury auction pushed the 2-year yield towards 3.936%. US import prices rose 1.3% in February, the biggest rise since March 2022, versus forecasts of 0.5%, after January\u2019s 0.2% increase.\n\nMarkets removed expectations of 2026 Federal Reserve rate cuts and priced in 4 basis points of tightening. Thursday\u2019s calendar includes US Initial Jobless Claims for the week ending 21 March and speeches by Cook, Miran, Jefferson, Logan, and Barr.\n\nTechnically, gold is range-bound between the 100- and 200-day SMAs, with support near the 200-day SMA at $4,083. Levels include $4,592, $4,600, $4,961, $4,500, $4,305, and $4,098.\n\n

Conflicting Forces For Bullion<\/h3>\nThe market is currently pulled in two directions, creating a tense setup for gold. The possibility of peace talks between the US and Iran is putting pressure on gold’s safe-haven status, while sticky inflation is providing strong underlying support. This conflicting environment suggests that volatility could be the main trade in the coming weeks.\n\nWe see that stubborn inflation remains the key issue, with February’s US import prices showing the largest jump since March 2022. Recent CPI data for February 2026 confirmed this trend, coming in hotter than expected at 3.5% and fueling speculation that the fight against inflation is far from over. Consequently, traders have completely priced out any Fed rate cuts for 2026 and are now anticipating further tightening.\n\nThe sharp drop in oil prices is directly linked to the hope for de-escalation, which temporarily improves risk appetite and acts as a headwind for bullion. However, we must remember that Iran has not officially agreed to any proposal, meaning any negative headline could cause both oil and gold to reverse course sharply. This makes holding outright short positions on gold particularly risky.\n\nLooking back at 2025, we saw a similar pattern where geopolitical tensions would fade, but the persistent theme of central bank buying provided a solid floor for gold prices. This trend continues, as central banks in emerging markets added significantly to their reserves in the last quarter of 2025, supporting the idea that dips will be bought. This historical action creates a strong argument against expecting a major price collapse.\n\nGiven that gold is trading in a range between its key 100-day and 200-day moving averages, strategies that benefit from this sideways action are attractive. Traders could consider selling options volatility through strategies like iron condors, defining the expected range between roughly $4,100 and $4,600. A decisive break of these levels would be a signal to close out such positions and follow the new trend.\n\nThis week’s speeches from several Fed officials will be critical for the market’s direction. Given the recent inflation numbers, we should be prepared for hawkish commentary that could boost the US Dollar. A stronger dollar might push gold down to test its recent low around the $4,305 level.\n\nCreate your live VT Markets account<\/a>\u00a0and\u00a0start trading<\/a>\u00a0now. <\/b>\n

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Start trading now – Click here<\/a> to create your real VT Markets account <\/strong> <\/p>\r\n","protected":false},"excerpt":{"rendered":"

Gold jumped nearly 2% to $4,556 as oil slid on US\u2013Iran talks; yields fell, dollar rose.<\/p>\n","protected":false},"author":38,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[46],"tags":[],"class_list":["post-31612","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":[],"aioseo_notices":[],"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"josephine","author_link":"https:\/\/www.vtmarketsglobal.com\/en\/author\/josephine\/"},"_links":{"self":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/31612","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/comments?post=31612"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/31612\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/media?parent=31612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/categories?post=31612"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/tags?post=31612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}