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      Gold Prices Stabilize Amid U.S.-Iran Deal Optimism

      Gold prices remained stable as optimism surrounding a potential deal between the United States and Iran reduced demand for safe-haven assets. Traders are closely monitoring developments related to the negotiations, which have influenced market sentiment.

      Despite the tempered demand for gold, ongoing risks to oil supply and inflation in the Strait of Hormuz continue to provide support for the metal. This duality has left gold prices range-bound, with market participants reacting strongly to news updates regarding geopolitical tensions and economic indicators.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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