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Gold falls under $4,700 as stalled US-Iran talks bolster yields, lifting demand for the US Dollar
Gold fell in the North American session on Monday as the US Dollar pared earlier losses and risk appetite weakened amid limited progress in US-Iran talks. XAU/USD traded at $4,673, down 0.75%. Geopolitical developments kept pressure on bullion, with Iran linked to a plan to reopen the Strait of Hormuz if US restrictions on Iranian ports are lifted. Axios reported Tehran proposed a three-stage process covering the war, the Strait of Hormuz, and nuclear discussions. on expectations for higher-for-longer US rates, which weighed on the non-yielding metal. The US 10-year Treasury yield rose 3.5 basis points to 4.342%. ... (full story)
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From finance.yahoo.com | Apr 27, 2026
Gold edged lower as efforts to resume peace talks between the US and Iran remained at an impasse, two months into a war that’s upended global markets and raised inflation risks. Bullion slipped below $4,700 an ounce on Monday, after Axios reported that Iran had given the US a new proposal to reopen the Strait of Hormuz while postponing negotiations on its ...
From moneycheck.com | Apr 27, 2026
Precious metal valuations remained confined to a limited band during Monday’s session as diplomatic channels between Washington and Tehran remained frozen, keeping energy sector participants on edge while investors positioned themselves ahead of a critical Federal Reserve policy announcement. The spot market for the yellow metal registered $4,714.83 per ...
According to Marine Traffic data, a VLCC tanker belonging to a Japanese refining company has passed through the Strait of Hormuz with the coordination of Iran. pic.twitter.com/nG27pXGVL4
