Gold and silver prices rise, boosted by expectations of a possible agreement between the US and Iran
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This positive market sentiment may boost precious metal prices, which are increasingly seen as investment assets. Konstantinos Chrysikos, Head of Client Relationship Management at Kudotrade, stated in an email: "As ongoing central bank purchases continue to support long-term demand for bullion, the broader fundamental environment remains constructive." Spot gold rose 1.5% to $4,578.17 per ounce; spot silver increased 4.4% to $78.80 per ounce.
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