Stablecoins gain traction for low-cost cross-border payments, while easing Treasury yields and falling oil prices reshape gold's opportunity cost.
European stocks fell sharply after Norway raised rates to 4.25%, citing Iran war-driven inflation. Gold and oil prices declined on peace deal hopes.
UAE faces Iranian missile and drone attacks, but US says ceasefire with Iran remains intact. Economic data awaited.
Gold prices fell 2% on Monday as U.S.-Iran tensions boosted the dollar and inflation concerns kept rate hike expectations alive.