Gold edged higher on Monday, supported by a weaker U.S. dollar, but gains were capped ​by rising bond yields and ​elevated crude oil ​prices as the Iran war fueled inflation concerns and expectations of tighter monetary policy. Spot gold was up 0.2% at $4,548.14 per ounce as of 1:41 p.m. ET (1741 GMT), ⁠after hitting its lowest since March 30. U.S. gold futures ⁠for June delivery settled 0.1% lower at $4,558. The dollar fell 0.3% against major currencies, making greenback-priced gold more affordable for buyers holding other currencies. “The U.S. dollar index dropped to its session lows - that’s a friendly element for ... (full story)