Gold rises to $4,737 as US and Iran tensions ease
Gold and silver prices have been on a steady three-day rise, thanks to easing tensions between the US and Iran.
Gold hit $4,737 per ounce after a 1.25% jump on Wednesday, April 1, while silver edged up to $75.23 per ounce.
The boost follows President Trump's comments hinting at a possible resolution with Iran soon.
Bullion fell nearly 12% in March
Even with this recent uptick, bullion prices actually saw its biggest monthly drop in years last March, down nearly 12%.
Ponmudi R from Enrich Money points out that Middle East tensions aren't giving gold much of a safe-haven vibe right now.
He says if gold stays above $4,650, it could push toward $4,750; meanwhile, silver needs to stay above $70 or it might slip all the way down to $66.
All eyes are on global politics as investors try to figure out where these metals go next.