Gold prices today, Tuesday, June 2: Prices continue to hover in the $4,500 range

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Gold ( GC=F ) August futures opened at $4,515.80 per troy ounce on Tuesday, up 0.2% from Monday’s closing price. The price of gold moved higher this morning, shifting to $4,558.10 per troy ounce as of 8:08 a.m. ET.

Over the last couple of weeks, gold prices have remained steady amid daily developments out of the Middle East. More recently, the markets have been in a holding pattern, hopeful that the latest rounds of negotiations between the U.S. and Iran will yield tangible improvements, namely the reopening of the Strait of Hormuz and at least a semi-permanent ceasefire.

Over the last five days, according to Yahoo Finance, gold prices are up 1.28%.

Learn more: Who decides what gold is worth? How gold prices are determined .

The opening price of gold futures on Tuesday was 0.2% higher than Monday’s opening price. Here’s a look at how the opening gold price has changed versus last week, month, and year:

24/7 gold price tracking: Don't forget you can monitor the current price of gold on Yahoo Finance 24 hours a day, seven days a week.

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