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Gold Prices Rise on Wednesday (1/4/2026) Morning, Three Consecutive Days of Gains
Gold prices increased on Wednesday (1/4/2026) morning trading. According to Bloomberg, at 06:45 WIB, the price of gold for June 2026 delivery on the Commodity Exchange was at US$ 4,716.40 per troy ounce, up 0.81% from the previous day’s US$ 4,678.60 per troy ounce.
Gold has risen for three consecutive days after Presiden AS Donald Trump announced he would end the war with Iran within two to three weeks.
Citing Bloomberg, Trump indicated that the US has achieved most of its military objectives and will leave it to other countries to resolve issues in the Strait of Hormuz.
Previously, Iranian state media quoted President Masoud Pezeshkian saying that the Islamic Republic of Iran is ready to end the war if its demands are met.
Bullion prices fell nearly 12% in March. The ongoing Middle East conflict, now entering its fifth week, has disrupted global markets, threatened energy supplies, and sparked concerns about a simultaneous surge in inflation and economic growth slowdown.
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