Gold rebounds from one-week low as Iran cites progress in peace talks (opens original article in a new tab)

Gold rebounded over 1% after hitting a one-week low, driven by easing inflation concerns following Iran's claim of progress in U.S.-Iran peace talks, which also led to a decline in Brent crude prices.

• Gold rose over 1% after hitting a one-week low
• Iran claimed progress in U.S.-Iran peace talks, reducing inflation and interest rate concerns
• Brent crude futures fell 0.5% as tensions eased