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Gold eases as Middle East tensions and Fed rate outlook clash ahead of key US jobs data
Gold (XAU/USD) fell to about $4,535 in early Asian trading on Monday, ending a two-day rise as US-Iran peace negotiations showed little progress and regional tensions persisted. Iranian officials told Reuters on Sunday that talks with Washington are continuing, but no nuclear commitments have been made; Iran’s parliament speaker and chief negotiator, Mohammad Bagher Ghalibaf, said Tehran would not accept a deal unless it secures “the rights of the Iranian people”. As diplomacy continued, Israel expanded its ground operation in Lebanon, breaking a fragile truce with its northern neighbour. On Friday, Federal ... (full story)
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