Gold Hits Weekly Low: Investors Monitor the Compass of US-Iran Diplomacy

 Gold continued its retreat in Tuesday's trading, recording its lowest levels since mid-April, with US futures for June delivery reaching approximately $4827.30. Gold prices were affected by pressure resulting from the strength of the US currency, in addition to bets regarding the outcome of potential peace talks this week. Experts believe that reaching an agreement could reduce gold's appeal as a safe haven, potentially leading to further price corrections if military tensions between Washington and Tehran decrease during 2026.