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Market Impact: 0.55
Gold hits highest level in three months as traders worry about US inflation and bond market jitters – business live
Source: theguardian.com
Commodities & Raw MaterialsEnergy Markets & PricesSanctions & Export ControlsCrypto & Digital AssetsGeopolitics & War
Spot gold climbed to nearly $4,700/oz and Bitcoin pushed above $80,000, even as oil prices fell. The move came despite the threat of heavy US sanctions on Iran and any country trading with it, suggesting hedging demand for gold/crypto but a weaker immediate outlook for crude.
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