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Gold slips as US-Iran tensions lift yields and dollar, keeping XAU/USD under pressure
Gold eased 0.19% on Monday, with XAU/USD at $4,011, as hostilities between the US and Iran continued after a ceasefire collapsed nine days ago. The conflict has kept energy prices elevated on concerns about oil supply disruption: the US struck military targets for a ninth straight day near the Strait of Hormuz, while Iran hit US military assets in Gulf states, and Ansar Allah declared a naval blockade on Saudi Arabia. Oil steadied as West Texas Intermediate turned positive, rising 0.33% to $82.05 a barrel, while the US 10-year Treasury yield climbed nearly five basis points to 4.598%. The US Dollar Index added 0.19% ... (full story)
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