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Gold rose more than 2% on optimism over Qatar-mediated talks between Iran and the United States, reviving hopes of easing supply disruptions in the Middle East. Spot gold climbed 2.1% to $3,957.19 an ounce, while U.S. gold futures rose 1.77% to $3,967.40. By contrast, Brent crude fell more than $8 to $105 a barrel, and West Texas Intermediate dropped 6.1%, or $6.37, to $97.75, amid hopes for progress toward ending the war and easing inflation concerns.
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