Gold Hits Two-Month Low Amid Iran Tensions; Oil and Dollar Rise

Gold prices fell to a two-month low as renewed fears of conflict in Iran pushed oil prices higher, increasing inflation risks. The U.S. dollar also gained ground against other currencies.

By Sweta Killa Sat, May 30, 2026 at 9:01 PM GMT+3 6 min read · Yahoo Finance ·

Gold Hits Two-Month Low Amid Iran Tensions; Oil and Dollar Rise

Tickers: $GLD $IAU

Topics: geopolitical tensions gold oil U.S. dollar

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