Gold edges lower as Middle East conflict strengthens US Dollar
Gold prices slipped about 0.19% on Monday as renewed hostilities between the US and Iran boosted demand for the US Dollar, ending a short-lived ceasefire.
XAU/USD
Gold edged lower on Monday, falling roughly 0.19% as escalating US-Iran tensions drove safe-haven flows into the US Dollar.
A brief ceasefire agreed nine days ago collapsed, sparking a fresh round of hostilities that reinforced dollar strength and weighed on XAU/USD.
Source: FXStreet Forex News