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Gold holds close to seven-week peak as markets assess Iran risks and Fed outlook
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Gold prices edged higher on Monday, staying near the seven‑week highs set the day before as traders watched geopolitical tension over Iran and awaited U.S. inflation data for clues on the Federal Reserve’s rate path. Spot gold rose 0.3% to $4,354.51 per ounce, while U.S. gold futures also climbed 0.3% to $4,414.40.
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