Spot gold fell 1.1% to $4,690.23 per ounce and futures dropped 1% to $4,706.31 as the dollar strengthened on Thursday morning.
Escalating U.S.-Iran tensions, highlighted by a cease‑fire extension from President Trump, kept markets uneasy and pushed oil prices above $100 a barrel.
A firmer dollar raised bullion costs for overseas buyers, while spot silver fell 3% to $75.37/oz and platinum slipped 3.5% to $2,015.35/oz.