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Gold prices stabilized today, Tuesday, after reaching their highest level in over a week, as investors awaited details of a potential agreement between the United States and Iran to de-escalate tensions in the Gulf. Gold rose by 0.2% to reach $4,315.87 per ounce, while U.S. futures declined to $4,337.10. The American president announced the signing of a preliminary agreement between the two countries, with further details expected to be revealed later. Meanwhile, market participants are closely watching the Federal Reserve's monetary policy decision and how expectations of interest rate hikes might impact gold and global markets.
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