Gold prices fell on Monday as renewed US-Iran tensions pushed the dollar and oil prices higher, fuelling fears of inflation and reinforcing the higher-for-longer interest rate outlook.

What is gold and silver price prediction for Monday? Gold prices moved higher after reports suggested the United States and Iran could extend their ceasefire agreement. The weaker…

Gold rate: Higher interest rates increase the opportunity cost of holding non-yielding gold. Spot gold was down more than 1 per cent for the month.