India, April 16 -- Prices of the yellow metal increased on Thursday amidst anticipation of peace talks that could lead to an end to the U.S.-Iran war. A soft dollar also supported the rise in the prices of the yellow metal.
The dollar index, in the meanwhile traded just above the flatline, strengthening the demand for the yellow metal. The six-currency Dollar Index which measures the U.S. dollar's strength against a basket of currencies is currently trading 0.11 percent higher on an overnight basis at 98.16 after ranging between 97.94 and 98.27.
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