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Gold Holds Gain as Trump’s War Comments Ease Inflation Jitters

Source: Bloomberg

Energy Markets & PricesInflationGeopolitics & WarCommodity Futures

Gold was higher as President Trump indicated he would not support prolonged military action in the Middle East, reducing risk of an energy-driven inflation surge after renewed energy price spikes. The easing inflation concern provided modest support to gold, but the move is primarily sentiment-driven rather than a new macro policy action.

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