Spot gold slipped 0.3% to $4,704.96/oz and US futures fell 1% to $4,731.84/oz amid renewed Middle East tensions.
A two‑week Pakistan‑brokered US‑Iran ceasefire eased earlier gains but doubts persist as Israeli strikes on Lebanon continue.
Oil prices rebounded modestly, pressuring gold, while investors await US March CPI data and a steadied dollar after a 0.7% drop.
Silver fell 1.3% to $73.16/oz and platinum slipped 0.9% to $2,011.14/oz, reflecting broader commodity weakness.