India, April 23 -- Gold fell below $4,700 an ounce on Thursday as the dollar held firm and oil prices jumped toward $104 a barrel amid stalled U.S.-Iran peace talks and tensions over the Strait of Hormuz.
Spot gold fell 0.9 percent to $4,699.88 an ounce as the dollar held firm after two days of gains. U.S. gold futures were down 0.8 percent at $4,713.19.
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