Gold Edges Lower After Report Iran Wants to Resume Talks

From Yahoo Finance: 2025-06-16 11:11:00

Gold prices fell as fears of Israel-Iran war escalation eased. Gold now at $3,390/oz, $110 below peak. Tehran signals willingness to deescalate and resume nuclear talks with the US. Geopolitical risks boosted gold 3.7% last week. Investors predict weakening US dollar, positive for gold. Spot gold at $3,401.96/oz, dollar index down 0.2%. Silver, platinum, and palladium rise.

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