Gold gains positive traction for the second straight day and recovers further from an over one-month low, around $4,500 touched earlier this week. The US Dollar comes under some selling pressure amid the latest optimism over a potential US-Iran peace deal. Moreover, retreating Crude Oil prices ease inflationary concerns and temper bets for a more hawkish Fed, which further assists the non-yielding bullion to reclaim $4,600 during the Asian session on Wednesday.
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