Gold market remains steady amid Iran uncertainty

Gold prices remained steady during today's Monday trading, as investors awaited updates on negotiations between the United States and Iran and their potential impact on geopolitical markets. The importance of the upcoming U.S. economic data this week is increasing, as it will help determine the market direction. The spot price of an ounce reached $4,481.53, while futures contracts rose by 0.1% to $4,511.20. This stability comes amid ongoing regional tensions and the absence of significant price jumps, due to the prevailing uncertainty surrounding the negotiations' outcomes.

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