---
title: "\"Commodity\" Tensions between the U.S. and Iran escalate again, gold prices slightly decline"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283389333.md"
description: "Due to the strengthening of the US dollar and the closure of the Strait of Hormuz again, oil prices rose and inflation concerns were triggered, leading to a slight decline in gold prices on Monday. Spot gold fell by $22 or 0.5%, to $4,808 per ounce; June futures gold dropped by $49 or 1%, to $4,830 per ounce; May silver prices decreased by 2.4%, to $79.9 per ounce; May copper prices fell by 1.4%, to $6.03 per pound; July platinum prices declined by 2.8%, to $2,083 per ounce; and June palladium prices decreased by 2%, to $1,569 per ounce"
datetime: "2026-04-20T17:55:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283389333.md)
  - [en](https://longbridge.com/en/news/283389333.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283389333.md)
---

# "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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