Gold is expected to end its continuous decline.

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Gold may be nearing the end of a five-day losing streak, with the most active gold futures rising 3.2% in early trading. Support for gold comes from signs that a ceasefire in the Iran conflict may be reached, but the market is also digesting signals from Iranian leaders indicating that such discussions have not taken place. "The economic department of ING Group stated in a report that risks related to the war, as well as expectations for Federal Reserve policies and exchange rate movements, could undermine gold’s rebound.

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Editor: He Yun

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