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XAU/USD Price Analysis and Forecast: Rising US-Iran Tensions and Expectations of a Fed Rate Hike Limit Gains in Gold
Gold (XAU/USD) is struggling to build
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Gold (XAU/USD) is struggling to build on its moderate recovery from the lows recorded earlier on Thursday, which marked the lowest levels since November 2025. The precious metal remains near the $4,100 level amid a mixed fundamental backdrop.The US dollar continues to face pressure after softer core Consumer Price Index (CPI) data eased concerns about runaway inflation, providing some support for the precious metal.At the same time, the Federal Reserve's hawkish rhetoric, coupled with escalating tensions between the United States
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