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Gold falls on stronger dollar amid renewed U.S.-Iran tensions – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

Gold falls on stronger dollar amid renewed U.S.-Iran tensions

Gold falls on stronger dollar amid renewed U.S.-Iran tensions

Gold prices have fallen since the U.S. and Israel launched strikes on Iran in late February. File (Representational image)
| Photo Credit: Reuters

Gold prices fell on ​Monday (April 20, 2026) as the dollar firmed, while news the Strait ⁠of Hormuz is closed again pushed oil prices higher and revived inflation fears.

Spot gold was down 0.7% at $4,793.98 per ounce, as of 0351 GMT, ‌after hitting its lowest level since April 13 earlier in the session. U.S. gold futures for June ‌delivery fell 1.4% to $4,813.60.

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