Gold rises on softer dollar, oil as markets weigh US-Iran peace optimism

Fed's Williams reiterates preference for keeping rates on hold

US House of Representatives approve resolution to end Iran war

Gold prices gained on Thursday, supported by lower crude ‌oil prices and a weaker dollar, as investors assessed renewed expectations for a resolution to the U.S.-Israeli war with Iran.
Spot gold was up 0.8% at $4,465.56 per ounce, as of 0739 GMT. U.S. ​gold futures for August delivery gained 0.6% to $4,493.30.

Source: Reuters

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