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Market Impact: 0.2
Gold price holds above $4,330 as Hormuz diplomacy pressures oil
Source: kitco.com
Commodities & Raw MaterialsCurrency & FXMonetary PolicyInterest Rates & Yields
Spot gold and silver edged lower in early U.S. trading Tuesday as a firmer U.S. dollar and hawkish Federal Reserve commentary weighed on precious metals. A further pullback in oil prices and Treasury yields provided some offsetting support, but did not prevent modest declines.
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mildly negative
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