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Gold Tumbles As U.S.-Iran Peace Agreement Delayed, Hormuz Crisis Continues

Commodities & Raw MaterialsGeopolitics & WarInflation

Gold prices slumped on Monday as inflation concerns resurfaced and a fresh U.S.-Iran standoff in the Strait of Hormuz added geopolitical tension. The move reverses Friday's gains, reflecting a risk-off tone but with limited direct market detail beyond the commodity reaction.

Analysis

Gold prices slumped on Monday as inflation concerns resurfaced and a fresh U.S.-Iran standoff in the Strait of Hormuz added geopolitical tension. The move reverses Friday's gains, reflecting a risk-off tone but with limited direct market detail beyond the commodity reaction.

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Market Sentiment

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mildly negative

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