Gold slips on stronger dollar, oil; Trump\'s decision on Iran ceasefire in focus

Gold inched lower on Monday, pressured by a stronger dollar and rising oil prices, as investors awaited U.S. President Donald Trump’s decision on ​a proposed deal to extend the ceasefire with Iran. Fundamentals Spot ‌gold was down 0.2% at $4,527.36 per ounce, as of 0156 GMT, after rising to a two-week high in the previous session. US gold futures fell 0.8% to $4,558.10. US President Donald Trump said on Friday he would ⁠soon decide on a proposed deal to extend the ceasefire with Iran, though ​the two countries still appeared to differ on significant issues that have been ​central to the conflict. Israeli Prime Minister Benjamin Netanyahu has ordered troops to move further into Lebanon in the battle against the Iranian-backed Hezbollah militant group, he said on ​Sunday, despite a ceasefire announced more than six weeks ago.