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Gold rises on weak dollar and hopes for US Iran talks
During Asian trading on Thursday, gold
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During Asian trading on Thursday, gold prices extended their gains. The market was supported by a persistently weak dollar, while investors assessed the likelihood of US-Iran ceasefire talks. Against this backdrop, precious metals look noticeably stronger than the broader market, and traders remain glued to any geopolitical headlines. Gold is trading near a nearly one-month high reached on Wednesday. The rally is being driven by several factors: increased risk appetite and easing concerns about persistent inflation. With reduced demand for safe-haven
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