Gold prices have slightly increased due to the possibility of a technical rebound.

After the overnight settlement price of gold futures fell by 1%, the price of gold rose slightly due to a possible technical rebound. However, as the differences between the United States and Iran on a potential peace agreement remain significant, the increase may be limited. In this context, President Trump first canceled the use of force and then issued threats of force again. Fadi Al Kurdi of FFA Kings said in an email, "With rising yields and a strong US dollar, the price of gold may continue to face some pressure." The founder and CEO said, "The ongoing uncertainty in the geopolitical situation in the Middle East and the resulting high oil prices may continue to support the US dollar and bond yields, dragging down non-yielding assets such as gold." Spot gold rose by 0.2% to $4,489.57 per ounce.