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June 29, 2025
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Gold prices flat as fragile Iran-Israel ceasefire tempers safe-haven demand



Gold prices remained stable as the Iran-Israel ceasefire reduced safe-haven demand, supported by a weaker dollar and bargain-hunting. U.S. consumer confidence declined amid job market concerns and tariff impacts, influencing Federal Reserve rate cut considerations. Central banks are planning to increase gold exposure, while other precious metals saw mixed movements.



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