Gold steadies below $4,500 after the previous day’s fall as traders await further clarity over US-Iran peace talks amid mixed signals. US President Donald Trump reiterated that peace talks were ongoing, while Iran said that it would suspend negotiations following fresh US strikes and an Israeli military operation in Lebanon. The uncertainty keeps geopolitical risk in play, which, along with hawkish Fed expectations, underpins the safe-haven US Dollar and acts as a headwind for the bullion.
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