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Gold steadies ahead of US-Iran talks and Fed decision
Gold prices remained stable near their highest levels in a week, as investors awaited a tentative agreement between the United States and Iran, along with statements suggesting the possibility of easing monetary policy by the Federal Reserve. This comes amidst a slight decline in gold futures. At the same time, oil prices remained steady near three-month lows, due to expectations of increased Iranian supplies, while forecasts indicate that most Federal Reserve members may keep interest rates unchanged during the current year, with limited chances of hikes given inflation risks.
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