Gold prices decline as rising Treasury yields and a strong dollar overshadow U.S.-Iran peace prospects.
Gold prices nudged lower on Wednesday, as rising Treasury yields and a firm dollar
outweighed optimism over a potential U.S.-Iran peace agreement.Spot gold was down 0.3% at $4,467.59 per ounce, as of
0233 GMT. In the previous session, bullion hit its lowest level
since March 30.US gold futures for June delivery lost 0.9% to
$4,471.10."Gold is running out of puff somewhat against this backdrop
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MARKET HIGHLIGHT | Gold price supported by weaker dollar
Gold prices saw a slight increase as optimism grew regarding a potential US-Iran peace agreement, easing concerns about prolonged…
