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<Commodity>Gold Prices Dip as Hedging Demand Subsides
US President Donald Trump hinted at a possible pause in military actions against Iran, and the US put off tariffs on critical minerals, easing geopolitical and trade risks. As a re...
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US President Donald Trump hinted at a possible pause in military actions against Iran, and the US put off tariffs on critical minerals, easing geopolitical and trade risks. As a result, gold prices retreated from their peaks on Thursday.

Spot gold dipped 0.2% to USD4,616.2 per ounce. Gold futures for February delivery fell USD12 or 0.3% to USD4,623.7 per ounce.

Related NewsPersonal Income MoM for Nov in United States is 0.3%. The forecast was 0.4%.

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