Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Gold Prices Drop Due to Inflation Concerns and US-Iran Negotiation Failures
Global gold prices weakened at the start of this week amid rising concerns over global inflation following the failure of peace talks between the United States (US) and Iran.
This situation has driven the US dollar higher and caused a surge in oil prices, ultimately pressuring the prospects of interest rate cuts by the US central bank this year.
On Monday (13/4/2026), spot gold prices fell 0.7% to US$ 4,716.70 per ounce, reaching the lowest level since April 7.
Meanwhile, US gold futures for June delivery also dropped 1% to US$ 4,738.90 per ounce. At the same time, the US dollar appreciated by 0.4%, making dollar-priced gold more expensive for global investors.
Pressure on gold intensified further after oil prices surged again above US$100 per barrel. This increase was triggered by escalating tensions in the Middle East following the failure of negotiations between the US and Iran to end the conflict.
It is even reported that the US is preparing a blockade in the Strait of Hormuz to restrict Iran’s oil exports.#GateFounderDrHan13thAnniversaryLetter