Gold steady as investors focus on US-Iran peace talks
Gold prices were steady on Tuesday as investors assessed US-Iran peace talks, while rising expectations of a Federal Reserve interest rate hike in December weighed on the metal. Spot gold was steady at $4,191.09 per ounce, as of 0053 GMT. U.S. gold futures for August delivery rose 0.2% to $4,208.40. The United States waived sanctions on Iran for 60 days from Monday after the first talks under a nascent peace deal, while officials reported a sustained lull in fighting in Lebanon under the agreement aimed at ending hostilities across the region.