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Gold Ticks Higher Ahead Of Powell's Speech

Commodities & Raw MaterialsCommodity FuturesGeopolitics & WarInvestor Sentiment & PositioningMarket Technicals & Flows

Gold traded above $4,500/oz after reversing earlier losses, following mixed signals from Iran and the U.S. on the status of peace talks. The diplomatic divergence boosted safe-haven demand and contributed to intra-day volatility in the bullion market.

Analysis

Gold traded above $4,500/oz after reversing earlier losses, following mixed signals from Iran and the U.S. on the status of peace talks. The diplomatic divergence boosted safe-haven demand and contributed to intra-day volatility in the bullion market.

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