Gold eases on firmer dollar as investors await clarity on US-Iran talks

Gold prices eased on Tuesday as the dollar firmed, while investors waited ‌to see if the U.S. and Iran are meeting this week for peace talks after renewed tensions over the weekend. Spot gold was down 0.2% at $4,807.91 per ounce, as of 0217 GMT, extending its fall ​from Monday when it hit the lowest level since April 13. U.S. gold futures ​for June delivery were steady at $4,827.30. The U.S. dollar firmed, making greenback-denominated commodities ⁠more expensive for holders of other currencies. Investors are now awaiting “the next headline regarding whether the ​talks are going to go ahead in Islamabad and then if they do, whether a ​ceasefire is extended or even better, a peace deal is done,” said Kyle Rodda.