10:48 - 23.06.2025

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June 23, Fineko/abc.az. Gold prices fell slightly during Asian trading on Monday as investors seeking safe assets switched to the dollar after the U.S. attacked key nuclear facilities in Iran, which marked an escalation of the conflict in the Middle East.

ABC.AZ informs that gold was under pressure due to the strengthening of the dollar, while metal prices in general also declined slightly on Monday.

The spot price of gold fell 0.2% to $3,360.11 per ounce, while gold futures fell 0.3% to $3,374.72 per ounce by 10:08 a.m. on Baku time. The yellow metal has still maintained significant growth since the beginning of June, as the outbreak of war between Israel and Iran has increased demand for defensive assets.