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Gold And Silver Price Hit 2-Month Lows Following Iran Tensions, Interest Rate Hike Fears
Key takeaways
- The price of gold is about $4,292 an ounce as of 3:15 p.m.
- The last time gold and silver reached prices this low was in late March, a brief dip analysts at the time blamed on mixed messaging from Iranian and American leaders over peace talks;
- Several analysts attributed Tuesday’s decline in prices to Iran war tensions and expectations the Federal Reserve may hike interest rates, which typically puts downward pressure on metals.
Topline. The prices of gold and silver plunged Tuesday afternoon on fresh Iran war tensions and expectations of future interest rate hikes, carrying the metals to their lowest levels in months as silver has erased almost half of its value since hitting a historic peak in January.
The prices of gold and silver dipped again Tuesday. (AP Photo/Sakchai Lalit)Copyright 2026 The Associated Press. All rights reserved.Key Facts. The price of silver is $65.78 an ounce as of 3:15 p.m. EST on Tuesday, down more than 4%, though the metal was down nearly 6% to a low of $64.46 earlier in the afternoon.
The price of gold is about $4,292 an ounce as of 3:15 p.m. EST, down nearly 2% but up from an intraday low of $4,259.90.
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