The leaders of the U.S., Canada and other nations are assembling in Alberta to talk trade, the Middle East and other topics.

President Donald Trump is meeting with G7 leaders this week, as the administration runs out of time to secure tariff deals before next month’s deadline.

Gold fell on Monday as investors weighed the impact of the ongoing Israel-Iran conflict, while also focusing on the Group of Seven (G7) leaders meeting and the U.S. Federal Reserve policy decision later this week.

Zelenskiy, who is visiting Austria, would attend the Group of Seven summit in Canada on Tuesday, where he hopes to meet Trump on the sidelines of the meeting. "One of the questions that I will discuss with President Trump during the meeting is the defence package that Ukraine is ready to buy," Zelenskiy told a news conference in Vienna.

South Korean President Lee Jae-myung departed for Canada on Monday to attend the Group of Seven summit, his first overseas engagement since taking office earlier this month.

Trump heads to G7 summit promising new trade deals while his "90 deals in 90 days" pledge falls behind schedule with growing global tensions.

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Leaders of some of the world's wealthiest countries have descended on a luxury mountain lodge nestled in Canada's Rockies for this year's G7 summit. The elite gathering comes as western allies face numerous crises, from conflicts on three continents to global economic instability.