It’s a tableau no world leader — except perhaps President Donald Trump — wants to repeat. Convening in the Canadian Rockies for this week’s Group of 7 summit, presidents and prime ministers are hoping to avoid the acrimony that pervaded the last time this country played host to the world’s most exclusive club.

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

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

KANANASKIS, Alberta (Reuters) -More pressure must be exerted on Russia to secure a ceasefire in Ukraine urging the G7 nations to ramp up sanctions to achieve that goal, European Commission President Ursula von der Leyen said on Sunday.

In 2018, the president called for the group to embrace Russia and stormed out of the summit. Now he is seeking to shrink America’s military role abroad and embarking on a more expansive trade war.

As the G7 group of large democratic nations with big economies meets Sunday in Alberta, Canada they have a broad agenda in the midst of global economic and military turmoil.

KANANASKIS, Alberta (Reuters) -Leaders from the Group of Seven nations begin annual talks on Monday amid wars in Ukraine and the Middle East that add to global economic uncertainty, as host Canada tries to avoid a clash with U.S. President Donald Trump.