Gold Futures Flat as Investors Monitor US-Iran Peace Talks

Gold futures were little changed on Wednesday, May 27, 2026, as traders held off on big bets while monitoring US-Iran negotiations. The wait-and-see stance persisted despite a US military strike on May 25. The June contract (GC=F) opened at $4,507.40, up 0.1% from Tuesday’s close, before easing to $4,472.90 by 7:38 a.m. ET. Prices have been range-bound for two weeks, failing to retake the $4,700 level breached earlier this month. The impasse reflects a market weighing potential de-escalation against lingering geopolitical risk.