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Gold hits near 2-month high
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Gold prices hit a record high in the domestic futures market due to rising tensions between Israel and Iran. However, gains were limited by a stronger dollar and weak spot market demand, as investors waited for the US Fed policy announcement on June 18.
Crude oil reversed course Monday amid ongoing tensions between Israel and Iran. This as President Trump heads to the G-7 meeting in Canada. U.S. stocks drifted as investors kick off the week. FOX Business is providing real-time updates on the markets,
President Donald Trump cut short his Group of Seven summit attendance in Canada's Kananaskis, citing escalating Iran-Israel hostilities.