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Gold edges higher amid subdued USD demand; hawkish Fed and US-Iran tensions to cap gains

Gold (XAU/USD) edges higher during the Asian session on Wednesday and, for now, seems to have snapped a two-day losing streak after falling to sub-$4,100 levels, or the weekly trough touched the previous day.

Bullish · Gold (XAU/USD) fxstreet news Wed, 08 Jul 2026 04:19:09 UTC

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