Gold Rises on Weak Dollar and US-Iran Deal Hopes

Gold prices rose on Thursday.

Supported by a weaker dollar.

Amid expectations of a deal with Iran.

Spot gold increased by 0.9%.

To $4,830.66 per ounce.

US futures rose 0.6%.

To $4,852.40.

The dollar hovered near a one-month low.

Making gold cheaper for other currencies.

Amid inflation concerns.

And ongoing geopolitical developments.