Gold swings on Iran proposal; U.S. response eyed
NEW YORK, Nov. 6 (GoldSquawk) - COMEX gold swung $80.30 an ounce after Iran said it had sent the United States a nuclear proposal via Qatar, with traders weighing U.S.-Iran diplomacy and wider conflict risks. Reuters reporting cited by MarketScreener said the next move in bullion may hinge on whether that diplomatic channel progresses.