Spot gold rose and RHB Retail Research said futures on the Comex were likely extending their consolidation but should resume their uptrend.
Gold settled 1.2% lower, down two of the past three sessions, and silver fell 4.5%, snapping a three-session winning streak.
Gold settled 1.2% higher after paring back from an initial 3% jump following the U.S.-Israel attacks on Iran and the fallout.
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