Gold fell below 4,700 USD per troy ounce on Monday, extending last week’s losses. Pressure on the precious metal has intensified following the breakdown of attempts to resume negotiations between the US and Iran, as well as the continued closure of the Strait of Hormuz, supporting inflationary risks. Donald Trump cancelled the US delegation’s trip […]The post Gold Declines Amid Geopolitics, with Optimism Limited appeared first on ActionForex.