Gold climbed as falling oil prices eased upside pressure on inflation after reports that Washington is working on a proposal to end the Middle East conflict. Softer oil and signs of reduced geopolitical risk temper persistent inflation worries and may modestly boost risk assets while pressuring safe-haven demand and moving commodity prices.
Gold climbed as falling oil prices eased upside pressure on inflation after reports that Washington is working on a proposal to end the Middle East conflict. Softer oil and signs of reduced geopolitical risk temper persistent inflation worries and may modestly boost risk assets while pressuring safe-haven demand and moving commodity prices.
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mildly positive
Sentiment Score
0.25
