Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Gold futures were falling, reversing gains made in the prior session.
Futures were down 1.5% at $3,297.20 a troy ounce. The precious metal is headed for its second weekly loss and is trading at four-week lows on reduced safe-haven demand, after Israel and Iran agreed a cease-fire at the beginning of the week.
Investors are weighing geopolitical risks in the Middle East against comments from Federal Reserve Chair Jerome Powell, who said he is still uncertain about the effects of tariffs on consumer inflation, ANZ Research analysts say in a note.
