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General · 4 June 2026

Gold climbs as dollar and oil fall

Gold climbs as dollar and oil fall

Cheaper access to bullion for buyers using other currencies helped lift demand, while lower energy prices also gave support. On 4 June, gold moved higher as traders weighed signs of progress towards ending fighting involving Iran and assessed policy comments from a top US central bank official. Spot gold traded at $4,461.09 an ounce by 0218 GMT, while August futures reached $4,487.90.

Reported by Reuters · How we write briefs

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