Gold spot fell 0.4% to $4,744.50/oz, but weekly gain of ~1.5% marks third consecutive weekly rise.
US‑Iran cease‑fire and ongoing Middle East tensions kept oil prices volatile, with crude easing after earlier surge near $120/barrel.
US Dollar Index rose 0.1% but expected weekly drop >1%; investors await Friday CPI, which economists expect to accelerate.
Silver unchanged at $75.35/oz; platinum slipped 1.8% to $2,1067.60/oz amid safe‑haven shifts.