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Investors are waiting to see the outcome of the U.S.-Iran talks, and gold prices remain stable
Svmuu News: Gold prices remained stable on Thursday as investors awaited signals from U.S.-Iran talks regarding whether geopolitical risks could be alleviated. "Gold and silver are attempting to break through resistance levels of $5,200 and $90, respectively, but have failed to sustain gains so far this week," said Razan Hilal, a market analyst at FOREX.com, in a report. "If a geopolitical agreement is reached soon, it could increase the risk of a decline." Peter Grant, Vice President and Senior Metals Strategist at Zaner Metals, said, “People are paying close attention to the progress of this third round of negotiations. But in any case, I believe there is still considerable uncertainty in the market at present.” (Jin Shi)
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