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fxJun 29, 2026, 1:30 AM

Gold Falls to Near $4,050 Amid US-Iran Talks Uncertainty

Gold price (XAU/USD) declined to around $4,060 during Asian trading on Monday, pressured by uncertainty over US-Iran talks and hawkish Federal Reserve expectations.

XAUUSD

Gold (XAU/USD) edged lower in early Asian trading on Monday, slipping to near $4,050 after briefly touching $4,060. The precious metal came under pressure as uncertainty surrounding US-Iran negotiations weighed on safe-haven demand, while expectations of a hawkish Federal Reserve further dampened sentiment.

Traders are now focusing on the upcoming US Nonfarm Payrolls (NFP) data later this week, which could provide further direction for gold prices. The mixed geopolitical and monetary policy outlook keeps the metal vulnerable to additional downside.

Source: FXStreet Forex News