Gold prices fell toward $4,700 an ounce on Monday as the dollar strengthened, global bond yields surged and oil prices jumped back above $100 a barrel, following the breakdown of U.S.-Iran peace talks over the weekend in Islamabad.
Spot gold fell 0.7 percent to $4,717 an ounce while U.S. gold futures for June delivery were down nearly 1 percent at $4,743.12.
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Market Analysis
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.