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Market Impact: 0.2
Gold Tumbles Amid Rising Inflation Worries, Higher U.S. Rate Concerns
Source: Nasdaq
Commodities & Raw MaterialsEnergy Markets & PricesGeopolitics & WarInflation
Gold prices slumped Friday as rising crude oil prices for a second day heightened inflation concerns. The article attributes the oil surge to the potential for renewed U.S.-Iran conflict after the U.S. midterm elections in November; it provides no price-change figures.
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