Gold prices climbed on Monday as a pause in strikes between U.S. and Iranian ​forces dragged crude ​oil prices lower, helping ease ​inflation concerns and worries about the risk of higher interest rates in a week where policymakers at the Fed are due to meet. Spot gold gained 0.9% to $4,089.03 ⁠per ounce, while U.S gold futures ⁠for August delivery rose 0.5% to $4,090.80. “Precious metals have started the week on the front foot, helped by a pause in Middle East hostilities. Oil has slumped and both the dollar and U.S. Treasury yields have eased,” said independent analyst Ross Norman. The U.S dollar index dropped 0.2%, ... (full story)