Gold (XAU/USD) price dives more than 3% on Tuesday as the Greenback rebounds amid Washington-Tehran talks that, according to a senior White House official quoted by Axios, are showing signs of progress. At the time of writing, XAU/USD trades at $4,869 after reaching a daily high of $5,000. Market mood remains mixed, yet broad US Dollar strength and US Treasury yields paring earlier losses are weighing on the yellow metal. The US Dollar Index (DXY), which measures the buck’s performance versus six currencies, is up 0.17% to 97.25 as of writing. At the same time, the US 10-year Treasury note is yielding 4.052%, flat ... (full story)