Gold recovers its losses as oil prices decline following the signing of the Iran deal.

June 18 (Reuters) - Gold rose more than 1 percent on Thursday, recovering losses from the previous session, while oil prices fell after the United States and Iran signed an interim agreement to end their trade war.

Gold rose 1.5 percent to $4,322.41 an ounce by 01:02 GMT in spot trading, after falling 1.7 percent on Wednesday. U.S. gold futures for August delivery climbed 0.9 percent to $4,343.10.

The United States and Iran released the text of their interim agreement on Wednesday, while US President Donald Trump threatened to resume attacks and kill Iranian officials if they did not abide by their commitments.

The 14-point agreement extends the ceasefire declared in April for another 60 days to enable both sides to negotiate a final truce.

Oil prices retreated and gave up gains made on Wednesday after Trump said he might resume the air campaign if Iran's leaders "do not behave."

* As for other precious metals, silver rose 2.2 percent to $69.51 an ounce in spot trading, platinum climbed 1.8 percent to $1,767.53, and palladium gained 2 percent to $1,338.67.


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