Gold Prices Steady Near 4547 Dollars as Yields Retreat

Spot gold steadied at 4,547.54 dollars as a retreating dollar and lower yields offset oil volatility. Investors remain cautious amid uncertainty over the Iran war.

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Gold steadied at $4,547.54 per ounce during the overnight session after recovering from a 1% decline earlier. Prices stabilized as oil fell amid conflict uncertainty involving the United States, Israel, and Iran. Lower Treasury yields and a retreating dollar provided support for bullion.

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