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Asian market early trading gold prices rose, influenced by signs of easing tensions in the Middle East
Gold rose at the beginning of the session, influenced by signs of easing tensions in the Middle East. Spot gold increased by 0.4% to $4,400.23 per ounce. U.S. President Trump announced on Truth Social on Thursday that he has suspended plans to attack Iran’s energy infrastructure before April 6. Trump wrote that negotiations with Iran are “going very smoothly,” contrary to media reports. Li Xing from Exness stated in an email, “If progress is made on the diplomatic front, gold prices may stabilize and gradually rise.” The financial market strategist added, “The movement of gold will depend on geopolitical developments in the Middle East.”
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Editor: Wang Yongsheng