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Gold falls on firm dollar, oil-driven inflation fears as US-Iran talks stall
Spot gold was down 0.3% at $4,694.26 per ounce, as of 0059 GMT. Last week, the metal lost 2.5% to snap a four-week winning streak. Get the latest news from India and how it matters to the world with the Reuters India File newsletter. Sign up here. US gold futures for June delivery fell 0.9% to $4,697.60. US President Donald Trump said on Sunday Iran could telephone if it wants to negotiate an end to their two-month war and stressed it can never have a nuclear weapon, after Tehran said the U.S. should remove obstacles to a deal, including its blockade of Iran’s ports. Trump cancelled a trip by two US envoys ... (full story)
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Bambooman
Apr 27, 2026 4:14am
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Josh827
Apr 27, 2026 5:29am
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#OOTT | Iran Offers US Deal To Reopen Strait But Postpone Nuclear Talks – Axios
From finance.yahoo.com | Apr 27, 2026
Gold edged lower as efforts to resume peace talks between the US and Iran remained at an impasse, two months into a war that’s upended global markets and raised inflation risks. Bullion slipped below $4,700 an ounce on Monday, after Axios reported that Iran had given the US a new proposal to reopen the Strait of Hormuz while postponing negotiations on its ...
Iran’s foreign minister returned to Islamabad for more consultations on Sunday, as international mediators tried to keep peace talks on track despite US President Donald Trump calling off his envoys’ planned trip. According to the Iranian news agency ISNA, Abbas Araghchi was to sit down with Pakistani officials to convey “Iran’s positions and views on the ...
