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Asian Market Morning Gold Slightly Rises, US-Iran Agreement Expectations Boost Market
In the Asian trading session, driven by expectations of a potential agreement between the US and Iran, risk sentiment has shifted slightly, with spot gold rising modestly by 0.1%, trading at $4,794.26 per ounce.
The easing of tensions in the Middle East has slightly improved market risk appetite, but expectations of Federal Reserve rate cuts still support gold prices. Overall, gold remains volatile within a narrow range at high levels, and future movements will closely depend on the progress of US-Iran negotiations.