Gold hits $4,220 amid US-Iran peace talks

Gold markets experienced a significant rise to around $4,220 per ounce, recovering from recent losses amid reports of a "roadmap" for de-escalation between the United States and Iran. This development led to a decline in oil prices and increased demand for gold as a safe haven amid a period of political and economic uncertainty. Attention is now focused on the sustainability of this de-escalation and its impact on resistance levels at $4,200.

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