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June 23, 2025

Gold Struggles for Momentum as Market Faces Rising Tensions

Gold prices, represented by XAU USD, face difficulties holding their ground after a modest uptick during the Asian session on Monday. Fresh selling pressure emerged as the US Dollar opened with a bullish gap following military actions involving Iran. Market participants are cautious as geopolitical issues are likely to weigh on commodity prices. The question looms: how will rising tensions shape gold’s path in the near term?

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