Gold slips as dollar firms, markets await Iran response


A worker displays a one kilogram gold bullion bar at the ABC Refinery in Sydney on August 5, 2020. (Photo by DAVID GRAY/ AFP)

Gold prices edged lower on Monday as investors favoured the dollar following the U.S. attack on key Iranian nuclear sites over the weekend, with markets closely watching for Iran's response.

Spot gold was down 0.4% at $3,354.03 an ounce, as of 0532 GMT. U.S. gold futures fell 0.5% to $3,369.10.

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Gold , Iran , Israel , Federal Reserve

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