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Gold prices held steady at $4,360 an ounce, as progress in US-Iran negotiations eased market concerns about the Federal Reserve's interest rate path.
Gold prices fluctuated around $4,360/oz on Tuesday, ultimately closing up 0.4%. This followed U.S. President Donald Trump's statement that U.S. officials held a "very successful" meeting with Iranian envoys in New York, rekindling fragile hopes for a diplomatic solution and easing market concerns about how energy costs would impact the Federal Reserve's interest rate path.
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