Gold Heads for Fourth Weekly Gain on Iran Deal Optimism

Gold is heading for a fourth weekly gain amid growing optimism over a potential agreement between the United States and Iran that could ease tensions and stabilize global markets.

This follows comments by Donald Trump expressing optimism about a lasting ceasefire.

Which helped support market stability.

And ease inflation concerns.

Gold held near $4,795 per ounce.

In early Friday trading.

After rising about 1% this week.

According to Bloomberg.

As investors watch political developments.

That may influence global market trends.