Iran rejects second round of U.S. talks, cites ‘excessive’ American demands

Iranian state media reports Tehran will not take part in a second round of talks with the United States, citing what it described as excessive and unrealistic U.S. demands. The breakdown increases geopolitical risk and uncertainty, which typically boosts demand for safe-haven assets such as gold (XAUUSD). Traders may position for near-term upside and elevated volatility in gold prices, while broader risk assets (energy and equities) could see pressure or rangebound trading until diplomatic clarity improves. The piece is primarily a policy/geopolitical update with neutral immediate tone but potential bullish implications for gold as a haven.