Gold Near $4,710 on Iran Peace Hopes

Gold spot price rose to $4,707.31/oz, up 0.4%, after a 2.9% jump on Wednesday driven by Iran peace hopes.
Weaker dollar index fell 0.1% in Asian hours, near pre‑war levels, supporting non‑yielding bullion demand.
Oil prices dropped over 7% on Wednesday as conflict‑easing reports emerged, tempering inflation concerns and Treasury yields.
Investors await Friday US non‑farm payrolls for clues on Fed rate path amid lingering Middle East inflation risks.