Oil ban unlikely to affect OPEC+ decision

With Russia being one of the two most important members of the alliance (alongside Saudi Arabia), any decision on increasing output has become highly political,” Craig Erlam, analyst at trading platform OANDA, told AFP.

Gold slips as yields, dollar climb; faces 2nd monthly drop

The dollar index rose, making bullion more expensive for buyers holding other currencies. Benchmark U.S. 10-year Treasury yields leaped on Tuesday after bond markets in the United States were closed in the previous session for the Memorial Day holiday, lowering the appeal of zero-yield gold.