Gold prices remain near one-week high amid weak dollar and US-Iran developments

AI Summary

Gold prices have stabilized near a one-week high as the market reacts to a weak dollar and ongoing developments related to US-Iran relations. Investors are keeping a close watch on factors that could influence gold's value going forward.

Spot gold remained steady near $4,688 per ounce after rising nearly 3% in the previous session, marking its strongest level since April 27.