Trump rules out military action against Iran; gold prices rebound as geopolitics and CPI remain key short-term drivers
Reported by Moomoo: “Trump rules out military action against Iran; gold prices rebound as geopolitics and CPI remain key short-term drivers”. Gold settled at $4,115 an ounce on November 9, 2026 — $132.28 per gram, +0.97% on the day.
Geopolitical risk can increase safe-haven demand, but gold's response also depends on the dollar, liquidity and rate expectations. The cross-asset reaction matters as much as the headline. The direction is consistent with that session's settlement: +0.97%.
- safe-haven demand
- US dollar
- oil and inflation
- market volatility
- duration of the event
- dollar reaction
- yield changes
This World Gold brief is based on the headline and available metadata. We do not reproduce the publisher's article or add unverified details. The price on the date of the report is our own data: the daily COMEX futures settlement, converted to grams at 31.1035 g per troy ounce.