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US Market Updates

Gold Slides Amid Increasing Inflation Concerns As U.S.-Iran Standoff Continues

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

Partially reversing yesterday's surge, gold prices have edged lower on Friday as the status of U.S.-Iran peace talks remains unclear after the recent skirmish while expectations of a high-interest-rate regime in the near-term in the U.S. continue to rise.

Front Month Comex Gold for August month delivery has moved lower by $25.10 (or 0.61%) to $4,115.70 per troy ounce.

Front Month Comex Silver for August month delivery also edged lower by $0.627 (or 1.04%) to $59.900 per troy ounce.

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Market Analysis

Global Economics Weekly Update - Aug 17 – Aug 21, 2026

August 21, 2026 14:42 ET
The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.