---
title: "Gold posts back-to-back weekly gains; analysts see near-term volatility but firm long-term"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282392710.md"
description: "Gold and silver futures experienced fluctuations but achieved weekly gains amid geopolitical tensions involving the U.S. and Iran. Analysts predict short-term volatility due to these tensions, but a supportive long-term outlook is expected from central bank purchases and lower real interest rates. HSBC's James Steel noted that a return to a gold bull market hinges on a cessation of hostilities with Iran and lower oil prices. This week, gold rose 2.4% to $4,761.90/oz, while silver increased 4.9% to $76.324/oz, despite a slight decline on Friday."
datetime: "2026-04-10T22:01:27.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282392710.md)
  - [en](https://longbridge.com/en/news/282392710.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282392710.md)
---

# Gold posts back-to-back weekly gains; analysts see near-term volatility but firm long-term

Gold and silver futures swung between small gains and losses Friday but held on for weekly gains, as traders weighed the path of the fragile ceasefire between the U.S. and Iran ahead of talks this weekend in Pakistan. The ceasefire has halted U.S. and Israeli air strikes on Iran, but it has not eased the blockade of the Strait of Hormuz or the para...

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