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fxJul 20, 2026, 7:14 PM

Gold edges lower as Middle East conflict strengthens US Dollar

Gold prices slipped about 0.19% on Monday as renewed hostilities between the US and Iran boosted demand for the US Dollar, ending a short-lived ceasefire.

XAU/USD

Gold edged lower on Monday, falling roughly 0.19% as escalating US-Iran tensions drove safe-haven flows into the US Dollar.

A brief ceasefire agreed nine days ago collapsed, sparking a fresh round of hostilities that reinforced dollar strength and weighed on XAU/USD.

Source: FXStreet Forex News