Gold falls 4% to $4,092
The price of gold declined by more than 4% to $4,092.79 per ounce, amid rising fears of escalating tensions between Iran and the United States and the possibility of a broader war. Investors are also focused on US data related to monetary policy and interest rates. Other precious metals also saw declines, with silver dropping 3% to $63.42, and platinum down 3% to $1,647.16, while palladium rose 3% to $1,262.45.
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