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Gold gains over 1% after US-Iran pact
The price of gold rose by over 1.8%, reaching approximately $4,297 per ounce, following an agreement between the United States and Iran to end their conflict and lift the U.S. sanctions imposed on Iran. Additionally, oil prices declined by more than 4%, and the dollar fell to its lowest levels in 10 days, amid expectations of reduced geopolitical tensions and an improvement in the global economic outlook.
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