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MARKETS-ECONOMIC TIMES · INDIAN ·

Gold steady as investors await details of US-Iran peace deal

As reported by Markets-Economic Times
Gold prices held steady after a significant rise, with investors awaiting details on a preliminary U.S.-Iran peace deal. The agreement aims to extend a ceasefire and reopen the Strait of Hormuz. Meanwhile, Citi raised its gold price forecast, and the Federal Reserve's policy decision is anticipated.
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Gold prices remained stable after an earlier surge, as investors look for more information on a preliminary U.S.-Iran peace agreement. This deal seeks to prolong a ceasefire and facilitate the reopening of the Strait of Hormuz, a crucial shipping route. Additionally, Citi has…

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