Gold prices have witnessed an increase today due to the rise in oil prices due to the tensions between the United States and Iran, where Washington is expected to announce a comprehensive ban on Iranian oil imports around the world. p>

According to the foregoing, gold prices recovered, after approaching the lowest level in four months during the previous session with the resumption of transactions after the Easter holiday, and the metal received additional support from High oil.

Gold rose in spot trading 0.3% to 1278.86 dollars an ounce, after touching 1270.63 dollars in the previous session, the lowest level since December 27 2018.

Gold in US futures rose 0.4% to $ 1280.90 an ounce.

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