Gold Rebounds Globally Following Trump's Decision to Extend Ceasefire with Iran; Ounce Surpasses $4,750

 The yellow metal prices saw a significant rise in today's trading, Wednesday, April 22, 2026, supported by President Donald Trump's decision to extend the ceasefire with Iran indefinitely. Spot gold increased by 0.9% to reach $4,755.11 per ounce, while futures rose by 1.1% to settle at $4,772.90. Analysts believe that easing concerns over energy price inflation following the truce reduced expectations for continued interest rate hikes, restoring gold's appeal as a safe haven as markets anticipate the path of upcoming peace talks.