[Spot Gold Slightly Pressured in Asian Session as U.S. Military Conducts Defensive Strikes in Southern Iran] Jin10 News, May 26 – Spot gold edged lower in the Asian session, as the U.S. Central Command claimed to have conducted defensive strikes in southern Iran, resulting in three fatalities. This indicates that traders are closely monitoring actions that could disrupt negotiations. Earlier, local media reported explosions along the Hormuz Strait, a transit route approved by Tehran for vessels. Additionally, Israel stated it would intensify strikes against Hezbollah during U.S.-Iran negotiations. Since the conflict erupted in late February, gold prices have fallen by approximately 13%. As the war drives up energy prices and fuels inflation concerns, traders have increased bets on Federal Reserve rate hikes. Rising borrowing costs put pressure on gold, which does not yield interest.