Gold Prices Steady Amid Middle East Tensions; Analysts Recommend Buying on Dips

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Gold prices have shown limited sensitivity to rising oil prices in recent months, a trend analysts expect to continue unless oil surges sharply. Ongoing volatility in the Middle East continues to influence market sentiment around gold. However, significant gains in gold prices are seen as unlikely unless oil prices decline. Market analysts currently advise investors to buy gold during price dips rather than chasing the ongoing rally.

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