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Gold Edges Lower as Attempts to Restart US-Iran Talks Falter
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 nuclear program. Over the weekend, US President Donald Trump canceled a planned trip by his top envoys to Pakistan, while Tehran said it won’t negotiate as long as it’s being threatened. “Unless we see a more durable reopening or a credible path toward a ... (full story)
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From vtmarkets.com | Apr 27, 2026
Gold fell in the North American session on Monday as the US Dollar pared earlier losses and risk appetite weakened amid limited progress in US-Iran talks. XAU/USD traded at $4,673, down 0.75%. Geopolitical developments kept pressure on bullion, with Iran linked to a plan to reopen the Strait of Hormuz if US restrictions on Iranian ports are lifted. Axios ...
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 ...
From finance.yahoo.com | Apr 27, 2026
Gold was little changed as traders weighed the latest efforts by the US and Iran to find a negotiated solution to the two-month war that’s choked energy supplies and heightened inflation risks. Bullion was near $4,690 an ounce in early trading, having slipped 0.6% on Monday. US President Donald Trump convened a meeting of national security officials to ...
