-
Gold slides to three-month low as Iran talks and Fed rate bets lift yields
Gold fell on Tuesday, trading near $4,482 after an intraday low of $4,464, its lowest level since March 30. Traders watched US-Iran negotiations alongside wider macro conditions tied to the ongoing conflict. Donald Trump said on Monday he halted an immediate planned military attack on Iran after Gulf leaders asked for more time for talks. He also said any deal would mean no nuclear weapons for Iran, while ordering the US military to stay ready for a “full, large-scale assault” if talks fail. Gold is down nearly 15% since the war began, as markets focus on inflation risks from higher oil prices and disruption ... (full story)