Gold prices declined on Monday amidst the progress in diplomatic efforts to end hostilities between the U.S. and Iran. Gold futures shed close to half a percent while negotiations to resolve thorny issues in the dispute surrounding Lebanon as well as the Strait of Hormuz also progressed. The decline in the prices of the yellow metal comes amidst a decline in crude oil prices.
Gold Futures for August settlement is currently trading at $4,225.82, shedding 0.47 percent from the previous close of $4,245.90. While the day's trading ranged between $4,153.10 and $4,237.25, the 52-week trading ranged between $3,250.50 and $5,626.80. Gold Futures had touched an all-time high of $5,626.80 on January 29.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.