Gold Steadies as US and Iran Flag Early Progress in Peace Talks

Gold necklaces at a Umedmal Tilokchand (U.T) Zaveri jewelry store at Zaveri Bazaar ahead of the festival of Dhanteras in Mumbai, India, on Friday, Oct. 17, 2025. From India to China and Turkey, the rush to buy gold despite this year's nearly 60% ascent to a record high stems from multiple projections that today's eye-watering levels will likely look like a bargain in a few months' time. Photographer: Dhiraj Singh/Bloomberg