Gold prices decline with the lack of progress in the US-Iranian negotiations

Gold prices today, Monday, as the lack of progress in Negotiations between the United States and Iran have led to an increase in oil prices, raising concerns that rising inflation will keep interest rates at high levels for a longer period.
By 02:23 GMT, Gold in spot transactions rose 0.6% to $4,684.32 per ounce.
US gold futures for June delivery fell 0.8% to $4,692.70.
The dollar rose, which increased the cost of dollar-denominated gold for holders of other currencies.

Precious Metal Prices

As for other precious metals, silver increased In spot transactions, 0.7% to $80.88 per ounce.
Platinum fell 0.6% to $2,042.71, and palladium fell 0.4% to $1,484.99.

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