(Kitco News) – Gold prices declined in May, as the Iran conflict supported yields and the dollar while reducing expectations for rate cuts, but debt concerns, de-dollarization, sticky inflation and steady central bank demand remain key pillars of support for gold, the latter despite some temporary selling linked to energy-related pressures., according to Ole Hansen, head of commodity strategy at Saxo Bank.
Read more: https://www.kitco.com/news/article/2026-06-02/gold-price-squeezed-between-50-and-200-dma-2025-drivers-will-return