Gold prices are expected to trade with a mixed bias this week as investors weigh developments tied to US–Iran peace talks, changes in oil markets, and scheduled US economic data. Multiple analysts say the direction of bullion in the near term largely depends on shifts in safe-haven demand, which may soften if progress in the talks reduces perceived geopolitical risk. At the same time, moves in oil are being watched for their effect on broader market sentiment and inflation expectations. In addition, the week’s Federal Reserve commentary is seen as a key driver because it can influence expectations for interest rates. Reports note that speeches by US Federal Reserve officials could shift market pricing for the policy path, affecting the relative attractiveness of gold versus interest-bearing assets. Overall, analysts point to a “sideways to corrective” type of near-term momentum, implying choppy trading rather than a clear one-way trend, as markets react to a combination of geopolitical headlines and monetary-policy signals alongside upcoming US data releases.