The gold price in Asia rose in early trading, boosted by a decline in the US dollar and US Treasury yields.

The price of gold rose in early trading, boosted by a decline in the US dollar and US Treasury yields, both of which could make dollar-denominated interest-free precious metals more attractive. Spot gold rose by 0.8% to $4,444.07 per ounce. US President Trump posted on Truth Social overnight that the US will delay the strike on Iran's energy infrastructure by five days. Michael Brown, senior research strategist at Pepperstone, said in an email, "This is clearly a positive development." He added, "Both sides are in discussions, and this is the first substantive sign of de-escalation since the conflict erupted at the end of February."