Gold steadies amid US-Iran negotiations

Gold prices remained steady at $4,160 per ounce as investors awaited discussions to end the war between America and Iran, while silver declined to $63 per ounce. America announced the lifting of sanctions on Iran for 60 days, despite Iran's denial of beginning talks regarding its nuclear program. Expectations for a U.S. interest rate hike increased, with an 89% chance in December compared to 61% previously, amid ongoing monitoring of inflation and the health of the U.S. labor market.

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