Gold gains on softer dollar; Iran-US talks in focus

FILE PHOTO: People look at gold jewellery as they stand outside a jewellery shop at the Grand Bazaar in Istanbul, Turkey, January 26, 2026. REUTERS/Kemal Aslan/File Photo

GOLD prices edged higher on Thursday, boosted by a softer dollar and safe-haven demand amid uncertainty over U.S. tariff policy and U.S.-Iran talks.

Spot gold was up 0.5% at $5,195.99 per ounce, as of 0639 GMT. Bullion had hit a more than three-week high on Tuesday.