Gold prices surged over 1 percent on Monday. A weaker dollar and falling oil prices provided support. Investors are closely watching U.S.-Iran peace talks. Hopes for a breakthrough were tempered by U.S. President Donald Trump's comments. Oil prices hit two-week lows amid optimism for a peace deal. Other precious metals like silver, platinum, and palladium also saw gains.

Gold prices surged over 1 percent on Monday. A weaker dollar and falling oil prices provided support. Investors are closely watching U.S.-Iran peace talks. Hopes for a…

Gold prices rose more than 1% on Monday, supported by a weaker dollar and easing oil prices, as investors weighed prospects of a breakthrough in U.S.-Iran peace negotiations.

Gold prices rise 1.6% to $4,580 as US-Iran deal prospects ease inflation worries amid ongoing negotiations.