Gold prices edged lower on Friday as crude oil inventory concerns and the prolonged delay in reopening the Strait of Hormuz raised inflation fears. Those risks outweighed the more positive tone from U.S.-Iran negotiation developments, leaving precious metals under mild pressure.
Gold prices edged lower on Friday as crude oil inventory concerns and the prolonged delay in reopening the Strait of Hormuz raised inflation fears. Those risks outweighed the more positive tone from U.S.-Iran negotiation developments, leaving precious metals under mild pressure.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.25
