Business Gold holds near six-year peak on weaker dollar, Middle East tensions Updated : June 24, 2019 09:44 AM IST While US President Donald Trump said on Sunday he was not seeking war with Tehran, US Secretary of State Mike Pompeo said "significant" sanctions on Tehran would be announced on Monday. The dollar fell to a three-month low against a basket of currencies on bets the US Federal Reserve would start lowering interest rates. The Fed and the European Central Bank last week hinted they were open to ease policies to counter a global economic slowdown, exacerbated by global trade tensions. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.