The spot gold price is slightly higher following a brief increase on Tuesday after the US dollar backed down from a new 2018 high as worries hovered over the United States' decision to pull out of a key nuclear accord with Iran.

The spot gold price is slightly higher following a brief increase on Tuesday after the US dollar backed down from a new 2018 high as worries hovered over the United States' decision to pull out of a key nuclear accord with Iran.