Gold Prices Crash: Iran War 'Fear Premium' Ends, Historic Plunge to $5,074

• Gold plunged from $5,419 to $5,074 as Middle East 'fear premium' subsided.
• Stronger US Dollar Index (99.16) and rising Treasury yields (4.10%) pressured gold.
• Fed rate cut postponed to September 2026; June rate hold probability rose to 53.5%.
• Persistent inflation fears (ISM Manufacturing 'Prices Paid' at 70.5) also contributed to the fall.
• Market seeks new stable level between $5,000-$5,100 after a major rally.