"Commodity" Tensions between the U.S. and Iran escalate again, gold prices slightly decline
Due to the strengthening of the US dollar and the closure of the Strait of Hormuz again, oil prices have risen, triggering inflation concerns, and gold prices fell on Monday.
Spot gold fell by $22 or 0.5% to $4,808 per ounce. June futures gold fell by $49 or 1% to $4,830 per ounce.
May futures silver prices fell by 2.4% to $79.9 per ounce.
May futures copper prices fell by 1.4% to $6.03 per pound.
July futures platinum prices fell by 2.8% to $2,083 per ounce.
June futures palladium prices fell by 2% to $1,569 per ounce
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