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Gold falls on firm dollar, oil-driven inflation fears as US-Iran talks stall

From brecorder.com

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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  • Category: Fundamental Analysis