Gold prices fell toward $4,700 an ounce as the dollar strengthened, global bond yields surged, and oil jumped back above $100 a barrel. The move reflects a broader risk-off reaction after U.S.-Iran peace talks broke down over the weekend in Islamabad, lifting geopolitical and inflationary pressures while weighing on non-yielding assets like gold.
Gold prices fell toward $4,700 an ounce as the dollar strengthened, global bond yields surged, and oil jumped back above $100 a barrel. The move reflects a broader risk-off reaction after U.S.-Iran peace talks broke down over the weekend in Islamabad, lifting geopolitical and inflationary pressures while weighing on non-yielding assets like gold.
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mildly negative
Sentiment Score
-0.35
