Gold extended losses, pressured by easing geopolitical tensions in Iran and Russia, as well as a stronger dollar.
Gold prices fell to a more than one-week low on Tuesday, pressured by a stronger dollar as investors tracked cues on geopolitics and the Federal Reserve’s monetary policy.
Spot gold
dropped 1.5% to $4,918.65 per ounce by after losing over 2% earlier in the session. U.S. gold futures
for April delivery lost 2.2% to $4,937 per ounce.
The U.S. dollar index
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