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US Market Commentary

Gold Declines As Dollar Gains On Renewed US-Iran Tensions

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Gold prices traded below $4,800 an ounce on Monday as the dollar strengthened, and bond yields surged amid uncertainty surrounding the second round of diplomatic talks between the United States and Iran.

Spot gold fell 0.8 percent to $4,795 an ounce while U.S. gold futures were down 1.4 percent at $4,813.14.

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Market Analysis

Global Economics Weekly Update: April 13 – April 17, 2026

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.