Gold futures extended losses Tuesday, with gold tumbling back below $4,900/oz and silver sliding under $74/oz, pressured by easing geopolitical tensions in the Middle East and a stronger dollar, which would make dollar-denominated commodities more expensive for overseas buyers. Iran's foreign minister said his country and the U.S. reached an understanding on "guiding principles" in talks aimed at resolving their longstanding nuclear dispute, which helped ease fears of conflict in the region, but it does not mean a deal is imminent. The indirect talks between Iran's Abbas Araqchi and U.S. Special Envoy Steve Witkoff ... (full story)