Gold Edges Higher Amid Ongoing Iran Uncertainty
Gold prices rose by about 0.45% to $4,072.94 per ounce on Tuesday, extending gains for a second consecutive session during European trading hours.
The increase was limited, however, as uncertainty surrounding peace negotiations between the United States and Iran continued to weigh on markets.
Investors are closely watching key US economic releases scheduled throughout the week, which are expected to provide clearer signals on the outlook for Federal Reserve monetary policy and potential interest rate moves.