Gold Prices Slip as Higher Yields and Steady Dollar Put Pressure Amid Iran Peace Talks

Stock Invest
2026.05.21 10:10
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Gold prices fell to around $4,536 an ounce as a steady U.S. dollar and rising government bond yields pressured the market amid ongoing Iran peace talks. President Trump indicated the U.S. is nearing a peace agreement with Iran, but warned of potential renewed hostilities. The dollar's strength and higher yields diminish gold's appeal, while oil prices remain elevated. Other precious metals also declined, reflecting cautious sentiment among traders amid geopolitical uncertainties.