Gold price today, Thursday, March 26: Gold opens lower after Iran rejects U.S. peace plan

​​Gold (GC=F) April futures opened at $4,508.90 per troy ounce on Thursday, 1% lower than Wednesday’s closing price of $4,552.30. The gold price fell in early trading. Concerns about the economic repercussions from the Iran war continue to weigh on gold investors. The yellow metal trended up briefly after President Trump said the U.S. was negotiating a peace deal with Iran. Iran subsequently denied any negotiations, rejected a U.S. ceasefire plan, and made its own peace demands. With the two sides seemi ...