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Gold holds near $4,660 as sentiment shifts with Iran war headlines, leaving bears increasingly in control
Gold traded near $4,660 on Monday, with the current price at $4,650. It was little changed on the day but below Friday’s close, as markets stayed cautious over Iran-related headlines. The United States maintained a Tuesday deadline, with President Donald Trump saying the latest Iran proposal was not “good enough”. The US Dollar gained in the risk-off backdrop, despite a brief dip after economic data. The ISM March Services PMI fell to 54 from 56.1 and missed forecasts of 55. The Prices Paid Index rose to 70.7 from 63, while the Employment Index dropped to 45.2 from 51.8. On the 4-hour chart, gold pulled back ... (full story)
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- Apr 7, 2026 1:02am Posted byFundamental Analysis188
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