Commodities
Gold Prices Slide Amid US-Iran Conflict Tensions
Gold prices dropped during Monday's trading session as investors evaluated geopolitical developments in the Middle East and their potential impact on inflation and global interest rates.
The US dollar index, which measures the performance of the US currency against a basket of six major currencies, rose by 0.1% to 100.31.
Gold prices declined alongside oil prices, as expectations for diplomatic solutions to end the US-Iran conflict emerged on the sidelines of the United Nations General Assembly meetings.