Eco
U.S. gold futures fell to $4,684.70 for June 2026 delivery as hopes for a conflict resolution faded due to U.S.-Iran diplomatic friction. The uncertainty surrounding energy supplies and the closure of the Strait of Hormuz supported the dollar, creating downward pressure on gold prices this week. Analysts suggest that while geopolitical tensions are currently weighing on the metal, any temporary agreement in 2026 could trigger a rebound, especially as global central banks prepare to announce critical interest rate decisions.
