Gold traded at $4,733 per ounce on Monday, April 13, 2026, slipping 0.3% after US-Iran peace talks ended without resolution and Washington announced it would blockade the Strait of Hormuz. The yellow metal is now roughly 15% below the $5,595 all-time high set on January 29, pinned inside the same $4,300 to $5,600 range that has defined trading since the Iran war began on February 28. Bullion is still up around 80% since the start of 2025, according to Bloomberg, but the March rout was the steepest monthly decline since the 2008 Financial Crisis. This week's catalysts are US March PPI, weekly jobless claims, and any ... (full story)