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Gold falls on stronger dollar amid renewed US-Iran tensions
Gold prices inched lower on Monday as the dollar firmed, while news the Strait of Hormuz is closed again pushed oil prices higher and revived inflation fears. Spot gold was down 0.4% at $4,809.71 per ounce, as of 0155 GMT, after hitting its lowest level since April 13 earlier in the session. U.S. gold futures for June delivery fell 1% to $4,829.40. “Gold prices are lower today after the U.S.-Iran war ceasefire that markets celebrated last week appeared to be breaking down,” said Ilya Spivak, head of global macro at Tastylive. “That has revived the now-familiar ‘war trade’ dynamics we’ve seen ... (full story)
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- Apr 20, 2026 12:31am Posted byFundamental Analysis37,082
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