Gold Wavers as Traders Weigh Truce Path Ahead of US-Iran Talks

Gold swung between gains and losses as traders weighed the path of a fragile ceasefire as the US and Iran start talks this weekend.

Bullion hovered near $4,755 an ounce as the New York Post reported US President Donald Trump is preparing the military if peace talks in Pakistan this weekend fail. Gold is heading for its third weekly gain, on pace for a 1.6% increase for the period.