Gold prices moved higher on Thursday ​as hopes for a ​peace deal between ​the U.S. and Iran helped ease inflation concerns and improved prospects for lower interest rates. Spot gold rose 0.6% to $4,816.14 per ounce as of 9:00 a.m. ET (1300 GMT), ⁠after hitting a one-month high in the previous session. ⁠U.S. gold futures for June delivery gained 0.3% to $4,838.10. As war tensions continue to de-escalate, inflationary pressures have eased, increasing the prospects of Federal Reserve rate cuts later this year and supporting demand for the non-yielding metal, said David Meger, director of metals trading at High Ridge ... (full story)