New Delhi, Aug. 10 -- The price of the yellow metal in India's retail market continued to trade mixed on Monday, 10 August, after Iranian Foreign Minister Abbas Araghchi said Tehran is not currently in direct talks with the US to end the war with Iran and open the Strait of Hormuz, despite Washington's assertions that a deal is near, as per a report by CNBC US.

In the international markets, gold slipped on Monday as investors took profits after prices hit a seven-week high in the previous session, while markets looked to US inflation data for fresh clues on the Federal Reserve's interest rate path.

Spot gold was down 0.5% at $4,322.28 per ounce. Prices hit their highest since 17 June on Friday after weaker-than-expected US jobs data. US...