Gold price today: Spot gold holds near $5,170 as U.S.-Iran talks keep traders cautious - TechStock²

Spot gold holding near ~$5,170 with traders cautious as U.S.-Iran talks continue suggests geopolitics is supporting prices but capping follow-through until clarity emerges. Tradeable angle: expect compressed ranges/volatility around headlines—sell rallies into resistance or run gamma for event risk depending on vol pricing. A breakthrough in talks risks a quick risk-premium fade; a breakdown reintroduces upside tail risk. Watch DXY and UST real yields to see whether the move is macro-confirmed.