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Gold pares gains as conflicting U.S.-Iran signals cloud outlook
Gold prices inched lower on Monday, as conflicting reports over a potential U.S.-Iran diplomatic breakthrough tempered gold’s early gains on Monday, as traders remained cautious ahead of key U.S. employment data.
Oil falls over 5% as Trump calls off Iran strike, announces fresh talks
Oil prices slumped more than 5% on Monday, falling to their lowest levels in three weeks, as U.S. President Donald Trump said negotiations with Iran would resume this week.
As of 09:39 ET (13:39 GMT), Brent crude futures expiring in October had dropped 5.6% to $82.99 per barrel, while U.S. West Texas Intermediate (WTI) crude futures had declined 7.2% to $78.57 per barrel.
Dollar slips as U.S.-Japan yen intervention, easing oil fears weigh
The U.S. dollar as traders digested the aftermath of the Federal Reserve’s latest policy decision, confirmed coordinated U.S.-Japan intervention in the yen, and easing geopolitical tensions that pushed oil prices lower and reduced near-term inflation concerns.
Bitcoin edges lower below $63k as Coldcard hack overshadows U.S.-Iran hopes
Bitcoin slipped on Monday, extending weekend losses as cryptocurrency markets grappled with a high-profile hack and weak June quarter earnings from major companies in the sector.
Bitcoin fell 0.8% to $62,650.4 by 09:32 ET (13:32 GMT).
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