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Gold Prices Rise 1.41% to $4,139.80 on July 9 Amid Easing Geopolitical Concerns

2026-07-09 20:23:30

XAU1.10%

NDAQ3.67%

According to Yonhapinfomax, gold futures surged 1.41% to $4,139.80 per troy ounce on July 9 (Eastern Time) as bargain hunters rushed in despite ongoing U.S.-Iran military tensions. August gold futures (GCQ6) on COMEX climbed $57.40 from the previous close of $4,082.40. Market sentiment shifted toward viewing the conflict as short-lived after U.S. stocks rebounded strongly and Treasury yields fell, with the 10-year yield dropping 5.10 basis points. The Nasdaq Composite rose 1.2% while the S&P 500 gained 0.8%.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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