Gold Slides 1% Weekly Gains Near $4,800

Spot gold fell 1% to $4,794.67/oz, but weekly price up ~1% amid hopes of US‑Iran ceasefire talks.
Gold futures slipped 0.7% to $4,817.26/oz while oil prices fell and equities rose on de‑escalation optimism.
Analysts say gold must stay above $4,800 to sustain bullish momentum; a break below may trigger profit‑taking.
US President Trump and White House indicated ceasefire talks progressing, with a two‑week ceasefire in place until April 21.