Gold Prices Slip Against Stronger Dollar: Global Markets Await Outcome of US-Iran Peace Talks

 Gold prices witnessed a decline in spot transactions today, Tuesday, April 21, 2026, settling at $4807.91 per ounce, coinciding with the rise of the dollar index which increased the cost of the precious metal for other currency holders. Analysts attribute this drop to the anticipation prevailing in financial markets ahead of the upcoming meeting between the United States and Iran to discuss de-escalation opportunities, as investors tend to be cautious while waiting for clear signals regarding geopolitical stability in the Middle East.