Gold falls as dollar gains amid Iran decision expectations

Gold prices temporarily declined, decreasing by 0.4% to reach $4,518.09 per ounce, amid a strengthening US dollar and rising oil prices. This comes as markets await US President Donald Trump's decision on extending the ceasefire with Iran and amidst geopolitical risks in the Middle East. Gold is expected to remain influenced by political and economic developments, especially with ongoing tensions in the region and the increase in oil prices, which fuels inflation concerns.

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