Gold Research
Gold edges lower as Middle East conflict boosts the US Dollar
Gold price edges down some 0.19% on Monday as hostilities between the US and Iran extended, following a short-lived truce that began after both countries agreed to a ceasefire, which was broken nine days ago. At the time of writing, XAU/USD trades at $4,011.
Gold price edges down some 0.19% on Monday as hostilities between the US and Iran extended, following a short-lived truce that began after both countries agreed to a ceasefire, which was broken nine days ago. At the time of writing, XAU/USD trades at $4,011.
Gold impact rationale
Improving risk appetite or easing tensions weakens safe-haven demand for gold.
- Source: FXStreet news
- 2026-07-20
- risk
Topics: gold news, gold price impact, risk