Gold price today, Tuesday, March 31: Gold price strengthens after report that Trump is considering war exit

Gold (GC=F) June futures opened at $4,538.90 per troy ounce on Tuesday, 0.4% lower than Monday’s closing price of $4,557.50. The gold price rose in early trading. The gold price continues to react to headlines about the Iran war. The yellow metal showed some strength on Tuesday after President Trump reportedly expressed willingness to exit the war before the Strait of Hormuz is reopened. Comments from Fed Chair Jerome Powell may have also calmed traders’ nerves. Powell said Monday that interest rates ar ...