# Gold Rises on US-Iran Peace Hopes, Holds Above $4,020 Monday

> Gold rose above $4,020 in early European trading on Monday as hopes for US-Iran diplomacy and a weaker dollar supported prices. A stronger-than-expected US jobs report lifted expectations of a December Federal Reserve rate hike, which could limit further gains.

- Date: 2026-11-09 · published 2026-11-10T00:16:31.701Z
- Category: geopolitics · region Global · magnitude low
- Page: https://feedsoft.ai/events/90433-gold-rises-on-us-iran-peace-hopes-holds-above-4-020-monday
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar can support dollar-priced commodities, while higher interest-rate expectations can pressure them. The article gives no direct indication of a feed-commodity price move.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-04-01 | [Gold set for worst month in more than 17 years as U.S. rate-cut hopes fade](https://feedsoft.ai/events/20072-gold-set-for-worst-month-in-more-than-17-years-as-u-s-rate-cut-hopes-fade.md) | -0.6% | -1.9% |
| DXY | 2026-04-10 | [Dollar set for weekly drop ahead of US-Iran peace talks](https://feedsoft.ai/events/11159-dollar-set-for-weekly-drop-ahead-of-us-iran-peace-talks.md) | -0.5% | -0.7% |
| DXY | 2026-01-27 | [Crude Prices Jump to a 3-Month High on Dollar Weakness and Iran Risks](https://feedsoft.ai/events/21231-crude-prices-jump-to-a-3-month-high-on-dollar-weakness-and-iran-risks.md) | +0.3% | -0.1% |
| DXY | 2026-03-25 | [Gold rises over 2% on softer dollar, easing fears of higher interest rates \| Commodity News - Business Standard](https://feedsoft.ai/events/20076-gold-rises-over-2-on-softer-dollar-easing-fears-of-higher-interest-rates.md) | +0.8% | -1.4% |
| DXY | 2026-04-14 | [Oil Down 3% as New US-Iran Talks Seen](https://feedsoft.ai/events/10136-oil-down-3-as-new-us-iran-talks-seen.md) | -0.6% | -0.8% |

## Sources

- journalarta.com: https://journalarta.com/en/2026/11/09/gold-rises-us-iran-peace-hopes-weaker-dollar/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.