Gold prices edged up to $3,340 per ounce on Monday but remained near its lowest level in over two weeks, as prospects of easing geopolitical tensions dulled the metal’s safe-haven appeal. While Friday’s meeting between US President Donald Trump and Russian President Vladimir Putin failed to deliver a breakthrough on a ceasefire, Putin agreed to allow the US and Europe to provide Ukraine with robust security guarantees as part of an eventual deal to end the war. Trump is scheduled to meet Ukrainian President Volodymyr Zelensky and European leaders later today to strike a quick peace deal. Meanwhile, investors are awaiting the release of the Federal Reserve’s latest meeting minutes on Wednesday, which could shed further light on the decision to leave interest rates unchanged. Markets will then turn their focus to Fed Chair Jerome Powell’s remarks at the central bank’s annual Jackson Hole symposium later this week for fresh clues on the policy outlook.