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The Economic Times
The Economic Times
Business

Gold rises on softer dollar, oil as markets weigh US-Iran peace optimism

Gold prices gained on Thursday, supported by lower crude oil ‌prices and a weaker dollar, as investors assessed renewed expectations for a resolution to the U.S.-Israeli war with Iran.

Spot gold was up 0.7% at $4,461.09 per ounce, as of 0218 GMT. U.S. gold futures for August delivery gained 0.5% to $4,487.90.

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