Gold Prices Drop 2% as Iran-Israel Conflict Eases
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币界网报道：Gold prices fell over 2% as geopolitical tensions between Iran and Israel showed signs of easing, reducing safe-haven demand. Spot gold dropped to around $2,350 per ounce, while June gold futures declined 2.5% to $2,366. The pullback follows last week's record highs amid escalating Middle East conflicts. Analysts note the market is recalibrating as immediate war risks subside, though long-term inflation concerns and central bank buying may continue supporting prices. Silver also retreated nearly 3% alongside gold's decline. The dollar's strength and Treasury yield movements are now key factors influencing precious metals markets as investors shift focus from geopolitical risks to economic indicators.
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