Gold slips as traders watch US-Iran talks and Fed signals
📡 Bloomberg Markets · 1 min read ·
Part of composite article Oil Falls for Fifth Straight Day as Nasdaq Hits Record High on US-Iran Peace Bets View full article →
Gold prices moved slightly lower on Monday. Traders are watching two key events: ongoing talks between the United States and Iran, and new comments from Federal Reserve officials.
Both could shape the future path of interest rates. The US-Iran talks may affect energy costs, which influence inflation. Fed officials' comments may hint at how the central bank views those costs.
Investors are waiting for clearer signals before making major moves.