Woofun AI reports that spot gold prices climbed more than $20 in a short timeframe, surpassing the $4,040 per ounce threshold with an intraday gain of 0.7%. This movement coincided with agreements between the United States and Iran to conduct peace talks, alongside a slight boost to U.S. consumer confidence driven by declining fuel costs.

Data released on Tuesday indicated that the U.S. Conference Board's Consumer Confidence Index increased by 0.6 points to 91.2, following a downward revision to prior month figures. This result fell below the median economist forecast of 94.4. While the component measuring current conditions decreased, the indicator assessing expectations for the next six months showed an upward trend.