Gold on Track for Third Straight Monthly Loss; Traders Assess USIran Ceasefire Reports

Gold was headed for a third straight monthly loss as the US-Israeli war on Iran kept concerns around inflation and US rate hikes elevated. Spot gold rose 0.5% to $4,514.19 per ounce by 0610 GMT on Friday as investors assessed reports on reports of an extension to the US-Iran ceasefire extension. It ...