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Gold holds above $5,170 as Iran tensions offset a firm USD
Gold price stays firm on Thursday during the North American session as geopolitical tensions remain elevated despite the beginning of the third round of talks between the US and Iran in Geneva. Also, solid data from the US kept bullion prices contained. At the time of writing, XAU/USD trades at $5,179, up 0.30%. Risk appetite takes a hit as investors evaluate Nvidia’s earnings, which failed to propel AI-related stocks and semiconductors higher. Discussions between Washington and Tehran seem to have reached a boiling point as the US demands that Iran destroy its three main nuclear sites in Fordow, Natanz and ... (full story)