Gold rises as dollar, oil ease on US-Iran deal prospects
Gold prices rose more than 1% on Monday, as optimism for a breakthrough in U.S.-Iran peace negotiations weakened the dollar and eased oil prices, which softened the inflation outlook.
Spot gold was up 1.1% at $4,557.46 per ounce, as of 0542 GMT. U.S. gold futures for June delivery gained 0.8% to $4,558.80.
……Read full article on The Star Online - Business
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