#GateSquareAprilPostingChallenge 13/4/2026 Gold Prices Fall on Inflation Worries and Failed US-Iran Talks


Global gold prices weakened at the beginning of this week as concerns about global inflation rose following the failure of peace talks between the United States (AS) and Iran.
This condition strengthened the US dollar and sparked a surge in oil prices, which ultimately weighed on the outlook for interest rate cuts by bank sentral AS this year.
In trading on Monday (13/4/2026), spot gold fell 0.7% to US$ 4,716.70 per ounce, reaching its lowest level since April 7.
Meanwhile, US gold futures for June delivery also slid 1% to US$ 4,738.90 per ounce. At the same time, the US dollar rose 0.4%, making gold priced in US dollars more expensive for global investors.
Pressure on gold increased further after oil prices jumped again above US$100 per barrel. The increase was triggered by escalated tensions in the Middle East, following the failure of negotiations between the US and Iran to end the conflict.
The US is even reported to be preparing a blockade in the Strait of Hormuz to limit Iran’s oil exports.
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