As market sentiment remains mixed, gold prices edge lower in early Asian trading.
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Spot gold fell 0.1%, quoted at $4,537.45 per ounce. The analyst team at InTouch Capital Markets stated in a commentary: "Risk sentiment is fluctuating." The team pointed out that according to Iranian media reports, the latest 14-point framework from the United States has "narrowed differences," and U.S. Secretary of State Rubio told the Financial Times that there have been some "positive signs." However, the team added: "As Iran's Supreme Leader issued a directive that near-weapons-grade uranium must not be shipped abroad, optimism quickly dissipated."
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