22 Hrs
Source:
المشهد
Gold declines amid rising oil and market worries
Global gold prices declined today, Tuesday, May 26, 2026, following American strikes on Iran. The price settled at $4,537.54 per ounce, down by 0.7%, while futures rose slightly to $4,538.50. The decline was driven by rising oil prices and tensions in the Strait of Hormuz, which heightened inflation fears and concerns over continued interest rate hikes. Other precious metals also fell, with silver dropping by 1.8% and platinum by 0.9%.
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