12:15 - 30.04.2026

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April 30, Fineko/abc.az. Gold prices rose after hitting a one-month low in Asian trading on Thursday, but remain under pressure because of growing concerns about the U.S.-Iran war and the Federal Reserve's potentially tough stance.

Gold is getting cheaper in April, as its attractiveness as a defensive asset is largely offset by the strengthening of the dollar and fears of the inflationary consequences of the war with Iran.

The spot price of gold rose 0.5% to $4,564.12 per ounce and gold futures rose 0.3% to $4,575.66 per ounce by 10:12 a.m. (Baku time) (0612 GMT).

Other precious metals also rebounded from recent losses. The spot price of silver grew by 1.2% to $72.2485 per ounce and the spot price of platinum by 2% up to $1,918 per ounce.