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Gold dips amid US-Iran standoff

Gold dips amid US-Iran standoff

Gold prices declined today, Monday, decreasing by 0.5% to approximately $4,068 per ounce in spot transactions, due to rising oil prices, tensions between the United States and Iran, and expectations of an interest rate hike by the U.S. Federal Reserve. Additionally, August gold futures fell by 0.4% to $4,081.

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