1 of 1
Story summary
- Gold prices are around $4,563 per ounce after a third consecutive session of gains, supported by U.S. President Donald Trump's comments indicating willingness to de-escalate military actions against Iran.
- Analysts note resistance near $4,640 per ounce due to technical constraints.
- The Federal Reserve's dovish stance has tempered rate-hike expectations, influencing gold's appeal.
- Investors should monitor upcoming U.S. economic data, as inflation concerns and dollar strength could impact gold's trajectory.
