Gold Eases as Middle East Uncertainty Persists

2026-05-26 02:55 By Jam Kaimo Samonte 1 min. read

Gold slipped below $4,550 an ounce on Tuesday, paring gains from the previous session as heightened uncertainty in the Middle East kept investors cautious about inflation risks.

The US military reportedly targeted missile launch sites and vessels suspected of attempting to deploy mines in southern Iran, with US Central Command saying the operations were aimed at protecting American troops in the region.

Meanwhile, President Donald Trump said talks with Tehran were progressing well, though he warned that additional attacks could follow if negotiations broke down.

Gold prices remain down nearly 15% since the conflict began, as fears of an energy-driven inflation shock reinforced expectations that central banks could maintain tighter monetary policy for longer.

Still, the sharp decline in oil prices over the past week has helped ease concerns about inflationary pressures and further interest rate hikes.



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