India, Aug. 3 -- Gold ticked higher on Monday as the dollar dipped on Iran peace deal hopes and after joint intervention by the United States and Japan to prop up the Japanese yen.
Spot gold edged up 0.3 percent to $4,052.78 an ounce while U.S. gold futures were marginally higher at $4,108.87.
The yen surged against the dollar after Japan and the United States conducted coordinated yen-buying intervention and vowed they will not hesitate to take further action.
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