Gold extends gains after US, Iran reach peace deal - Reuters

<a href="https://news.google.com/rss/articles/CBMinAFBVV95cUxQdDRBZ2VtTERRLW5oS1J0MVZvWlJBTkNiNFJpcGJ2RmM1bmYwQXMtMWI1dlFVb1ptZGpNYURkZ0VGaFRZeFNPZ3NMZkVRMzZTV2hfYTlXOFFQMUpDQ0c5bnFjeXR5bDlXYlRXVFlvR3NUNkRBNklJT2wwREhMN2I4aXhNMHp4SnBoS1lnR1NjaDhvcUl1R2pULW5PbE4?oc=5" target="_blank">Gold extends gains after US, Iran reach peace deal</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

Gold prices rose more than 2% after U.S. and Iran officials announced a preliminary agreement to end their conflict, easing concerns about inflation and higher interest rates.

Spot gold was up 1.8% at $4,297.42 per ounce, as of 0010 GMT, its highest level since June 9, following the announcement of a U.S.-Iran peace deal.

Gold prices rose by more than 2% after U.S. and Iranian officials announced a preliminary agreement to end their conflict, easing concerns about inflation and higher interest rates.

Gold prices rose more than 1% following the announcement of a U.S.-Iran peace deal, which is expected to ease inflation concerns and reduce the likelihood of higher interest rates.