Extracted Insight

  • Spot gold fell 0.8% to $4,535.17 per ounce and gold futures to $4,568.67 per ounce in Asian trade at 21:37 ET (01:37 GMT).
  • Spot silver declined 2.1% to $76.4495 per ounce; spot platinum slipped 0.6% to $1,955.02 per ounce.
  • The United States carried out fresh military strikes on missile launch sites and mine‑laying boats in southern Iran, curbing optimism over a framework deal to reopen the Strait of Hormuz.
  • The dollar steadied and crude oil (WTI) rose roughly 1.7%, reviving concerns that the Iran conflict could fuel energy‑driven inflation and prompt hawkish actions by global central banks, which weighed on gold prices.