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Gold Retests $4,085, Silver at $62.05 Amid US-Iran Ceasefire

Gold retested the $4,085 pivot zone and silver traded at $62.05 as the US-Iran ceasefire allowed precious metals to focus on technical levels amid ongoing Iran-Israel tensions.

Gold retested the $4,085 pivot zone while silver traded at $62.05 as the ongoing US-Iran ceasefire allowed precious metals to focus on technical levels rather than safe-haven flows [1]. The ceasefire persisted amid broader Iran-Israel tensions in the Middle East [1].

Gold (XAUUSD) tested the $4,085 technical threshold, a level that marks a key pivot for near-term price action [1]. Silver reached $62.05 in the same session, with both metals trading on chart patterns rather than geopolitical headlines as the ceasefire reduced immediate conflict risk [1].

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