11:37 - 27.04.2026

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April 27, Fineko/abc.az. Gold prices moved in a narrow range on Monday as the dollar fluctuated amid some hopes for de-escalation between the U.S. and Iran, and markets awaited a Federal Reserve meeting later this week.

ABC.AZ informs that the precious metal received some support after a sharp drop last week, as a weekend report showed that Iran had offered the U.S. a new proposal that includes reopening of the Strait of Hormuz.

Spot gold remained at $4,711.0 per ounce, while gold futures fell 0.3% to $4,725.94 per ounce by 10:01 a.m. (0601 GMT).