Gold struggles to attract any meaningful buyers and remains close to its lowest level since March 23, touched the previous day. Expectations of more hawkish central banks, including the US Fed, continue to undermine demand for the non-yielding bullion. Meanwhile, a halt in fighting between Israel and Iran keeps the US Dollar bulls on the defensive, which should act as a tailwind for the precious metal as traders await the latest US inflation figures, due on Wednesday and Thursday.
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