Published: 06-16-2025, 10:15 am | Updated: 06-16-2025, 09:32 am
Gold prices pulled back on Monday as investors took profits after a significant rally driven by Middle East tensions.
The precious metal had reached near two-month highs following Israeli strikes on Iranian territory and Iran’s missile response targeting Israeli sites.
Despite Monday’s 0.5-0.7% decline, analysts note that gold remains above the key $3,400 level with potential to reach $3,500, as geopolitical risks continue to support safe-haven demand.






