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Meanwhile, sluggish US Dollar (USD) has also supported the Gold price. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, ticks down to near 98.00. Technically, lower US Dollar makes the Gold price a value bet for investors.

President Donald Trump in about eight hours went from suggesting a nuclear deal remained “achievable” to urging Tehran’s 9.5 million residents to flee for their lives