April 20 (Reuters) - Gold prices fell more than 1% on Monday as the dollar firmed, while uncertainty over the U.S.-Iran peace talks pushed oil prices higher and revived inflation fears.
<h3>FUNDAMENTALS</h3>
<ul>
<li>Spot gold (XAU=) was down 1.4% at $4,762.09 per ounce, as of 0055 GMT, after falling to its lowest level since April 13 earlier in the session.</li>
<li>U.S. gold futures (GCcv1) for June delivery fell 2% to $4,781.90.</li>
<li>The dollar index (.DXY) strengthened, making greenback-priced bullion more expensive for other currency holders. (USD/)</li>
<li>Oil prices jumped and stock markets wobbled as rising tension in the Middle East kept shipping in and out of the Gulf to a bare minimum, though traders were holding out hope for a resolution. (MKTS/GLOB)</li>
<li>The U.S. has seized an Iranian cargo ship that tried to run its blockade and Iran said it would retaliate, raising the possibility that the ceasefire between the two countries might not last for even the two days it is set to remain in force.</li>
<li>Iran said it would not participate in a second round of negotiations that the U.S. had hoped to kick off before the ceasefire expires on Tuesday.</li>
<li>Federal Reserve Governor Christopher Waller said on Friday that while the U.S.-Israeli war with Iran will likely drive up near-term inflation, a fast end to the conflict would keep the door open to cutting interest rates later this year.</li>
<li>Meanwhile, gold demand during one of India’s key buying festivals stayed muted on Sunday as record prices curbed jewellery purchases, offsetting a modest uptick in investment demand.</li>
<li>SPDR Gold Trust (GLD) , the world’s largest gold-backed exchange-traded fund, said its holdings rose 0.1% to 959.69 metric tons on Thursday. (GOL/ETF)</li>
<li>Among other metals, spot silver (XAG=) fell 1.7% to $79.42 per ounce, platinum (XPT=) lost 0.8% to $2,086, and palladium (XPD=) was down 0.8% to $1,547.10.</li>
</ul>
<h3>DATA/EVENTS (GMT)</h3>
0430 Japan Tertiary Ind act NSA Feb

600547

SGOL

Reuters

Newmont

SD-GOLD

Abrdn Gold ETF Trust

iShares MSCI Global Gold Miners

GLOBAL X Gold Explorers

EFUND GOLD MI-R

ChinaAMC CSI SH-SZ-HK Gold Industry Equity ETF

SPDR Gold Shares

Direxion Daily Jr Gold Miners Bull 2X

iShares Gold Trust

EFUND GOLD MI-U

Sprott JR Gold Miners ETF

VanEck Gold Miners ETF

EFUND GOLD MI ETF

Roundhill Gold Miners Weeklypay ETF

Microsectors Gold Miners 3x Leveraged ETN

VanEck Junior Gold Miners ETF

Direxion Daily Gold Miners Bull 2X

SPDR Gold Minishares

Sprott GLD Miners Etf

ChinaAMC Gold ETF

Invesco Db Precious Metals ETF

PRECIOUS-Gold falls on stronger dollar amid renewed US-Iran tensions