Gold Inches Lower Amid Upcoming U.S.-Iran Talks As U.S. Blockade On Iranian Ports Continues

Gold prices edged lower on Wednesday as investors adopted cautious optimism ahead of a second round of U.S.-Iran talks. The move reflects modest risk-on sentiment, partly offsetting yesterday's gains, while the ongoing blockade on Iranian ports keeps geopolitical risk elevated.

Analysis

Gold prices edged lower on Wednesday as investors adopted cautious optimism ahead of a second round of U.S.-Iran talks. The move reflects modest risk-on sentiment, partly offsetting yesterday's gains, while the ongoing blockade on Iranian ports keeps geopolitical risk elevated.