Global gold prices fell on Tuesday to their lowest level in nearly two weeks, following an announcement by U.S. President Donald Trump that Iran and Israel have agreed to a ceasefire, ending a 12-day conflict. The news dampened investor demand for the precious metal as a safe haven. Spot gold dropped by 1.08% to $3,332.05 per ounce, while U.S. gold futures declined by 0.9% to $3,363.50 per ounce. Among other precious metals, silver edged up 0.1% in spot trading to $36.03 per ounce. Platinum fell by 0.3% to $1,260.78, and palladium slipped 0.1% to $1,043 per ounce. The easing of geopolitical tensions contributed to reduced market anxiety, decreasing the appeal of gold as a defensive investment