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The Iran war needs to end for gold to have a chance to rally

Source: kitco.com

Commodities & Raw MaterialsGeopolitics & WarInvestor Sentiment & Positioning
The Iran war needs to end for gold to have a chance to rally

Gold prices rose above $5,600 an ounce to record highs at the start of 2026, with central bank demand helping drive the rally. Sentiment has become significantly more cautious in the second half of the year as the Middle East conflict remains unresolved.

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