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Market Impact: 0.45

Gold Holds Loss as Traders Weigh Prospects for US-Iran Deal

Geopolitics & WarInflationInterest Rates & YieldsCommodities & Raw Materials

Gold held onto losses as fresh clashes in the Persian Gulf dampened hopes for a US-Iran peace deal. The renewed geopolitical तनाव reinforces inflation concerns and the risk that interest rates stay higher for longer, which is modestly negative for risk assets and supportive for safe-haven demand.

Analysis

Gold held onto losses as fresh clashes in the Persian Gulf dampened hopes for a US-Iran peace deal. The renewed geopolitical तनाव reinforces inflation concerns and the risk that interest rates stay higher for longer, which is modestly negative for risk assets and supportive for safe-haven demand.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.35