Others, like Canadian bank-backed brokerage TD Securities, said the 2020 gold rally "is still in its early days", pointing to the market's improving technical picture despite the yellow metal's seemingly overbought levels.
Spot gold jumped as much as 2.4% to US$1,611.42 an ounce, the highest since 2013, and was at US$1,593.86 at 5.49am in London. US gold futures fell 0.4% to $1,553.70 per ounce.
"The subsequent rhetoric seems to suggest that they (Iran) are not going to follow on, similarly Trump signalled that there is no immediate intent to respond militarily, so there is a degree of relief in markets", said Ilya Spivak, a senior currency strategist at DailyFx.
"We did not see an immediate escalation, although it would not be accurate to say that it can not happen, there is that risk".
Gold prices slid after having risen as much as 2.4% early on Wednesday to break above the key $1,600 level after Iran's retaliatory attacks on military bases housing US troops in Iraq.
However, concerns of a larger Middle East conflict eased after President Donald Trump later on Wednesday said the United States did not necessarily have to respond militarily to Iran's attack on U.S. troops in Iraq, triggering a sell-off in safe-haven gold.
However, risks of escalating tensions persisted, with the United States denying a visa to Iranian Foreign Minister Mohammad Javad Zarif that would have let him attend a United Nations Security Council meeting in NY on Thursday.
Gold prices inched lower on Tuesday, a day after hitting their highest in almost seven years, with a lack of immediate escalation between the United States and Iran denting bullion's safe-haven appeal.
Limiting gold's advance, Asian stocks rallied on the easing concerns of conflict.
Markets are now eyeing key US economic data such as the non-farm payrolls and unemployment data on Friday.
Gold price: Holding of SPDR Gold Trust, rose 0.10% to 896.18 tonnes on Monday.
Palladium hit an all-time peak of $2,032.94 an ounce earlier in the session on supply concerns and was last down 0.1 per cent at $2,028.90.
The March silver contract on COMEX was up 0.3% at $18.45 an ounce and had hit a four-month high of $18.895. We hope that we have succeeded by giving you the full details and information.
Banton's hurricane knock was studded with two fours and seven sixes as he helped his team reach 119/4 in eight overs. The Heat took on the Sydney Thunder in the Showground Stadium on Monday in a rain-curtailed 8-overs-per-side match.
That beats analyst expectations: Reuters said that Refinitiv SmartEstimate predicted operating profits of just 6.5 trillion won. The first quarter of 2019 set the tone for a tough year when Samsung posted its lowest quarterly profit in three years .
Some may not have the kind of evidence needed to proceed with a criminal charge (which in no way proves their stories are false). Haleyi, Sciorra and the 2013 accuser are nearly certain to testify in a trial that is expected to last up to eight weeks.
We’ve now entered 2020 and the sporting world will certainly have a lot to show us in the upcoming year. The upcoming year will be telling if the boy can turn from a talented prospect to a world-class player.
Rebranded after AT&T acquired DirecTV , Audience began broadcasting exclusive and original programming, including " Mr. There's no official word yet on where these shows might land, but sources say they might continue on HBO Max.
Additionally, the product will feature TiVo+ as the preferred source of free, ad-sponsored television and movies. The design of the Stream 4K is not particularly small, but it should be neatly positioned behind most TVs.
The pope apologised for getting irritated in his New Year's Day Angelus blessing, saying "sometimes even I lose my patience". Reuters reports the encounter between the pope and the nun: " Bacio, Papa! " the nun said , which means " A kiss, pope! ".
He also said that the Islamic Republic of Iran does not seek an escalation of the war which he said was started by the US. The plane had taken off from Imam Khomeini International Airport and mechanical issues were suspected, the report said.
Pew survey, United States News & Top Stories
Mr Trump's support in the Philippines is less surprising, considering his praise for his Philippine counterpart Rodrigo Duterte . In Brazil, too, under the far-right government of President Jair Bolsonaro , only 28 percent viewed the USA leader that way.
BTS to Debut New Album ‘Map of the Soul: 7’ in February
BTS became the first band to reach this record since The Beatles , who earned that accolade with their 1995-96 Anthology trilogy. The album is the sequel to the act's Billboard 200 chart-topper EP Map of the Soul: Persona , released in April a year ago .
Avalanche blows 2-0 lead, fall for Rangers in regulation
At 15:23 of the first period, a nice passing game between DeAngelo and Zibanejad resulted in Zibanejad's 17th goal of the season. The Avalanche , who came in averaging an NHL-best 3.63 goals per game, scored twice on their first three shots.