Gold rises to $4,800 per troy ounce, supported by a softer U.S. dollar and oil
below $100 a barrel. New York gold futures gain 0.7% to $4,802.70 an ounce,
while silver rises 2.1% to $77.25 an ounce. The U.S. dollar index declines 0.1%
to 98.24. Iran’s foreign minister said talks with the U.S. have made progress,
though no agreement has been reached. U.S.-brokered Israel-Lebanon negotiations
are scheduled to begin Tuesday in Washington. Markets are awaiting U.S. producers
price data and the Federal Reserve’s April policy decision.
