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Gold Slides Nearly 1% as U.S.-Iran Military Tensions Strengthen US Dollar
Bullion prices retreated on Tuesday after additional U.S. military operations against Iran interrupted a recent upward trend, as the greenback stabilized and crude oil reversed course. Spot gold declined 0.9% to $4,529.07 per ounce during Asian market hours. Gold futures remained comparatively stable at $4,560.92. Earlier in the session, New York gold futures had momentarily advanced 0.2% to $4,532.30 before reversing. Additional precious metals mirrored gold’s downward movement. Spot silver tumbled 2.1% to $76.43 per ounce. Spot platinum declined 0.7% to $1,951.33. The downturn followed U.S. military operations ... (full story)
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