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Gold Advances As Crude Oil Slumps Ahead Of Trump-GCC Meeting

Source: Nasdaq

Commodities & Raw MaterialsEnergy Markets & PricesInflationGeopolitics & War

Gold prices extended gains for a third consecutive session on Friday as a slump in crude oil prices eased inflationary pressures. Investor focus is also on a potential resolution to the Iran war through an upcoming meeting involving U.S. President Trump, which could reduce geopolitical risk and further influence safe-haven demand.

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