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S7/10Economic
Gold gains over 1% after US, Iran reach peace deal
Gold prices surged over 1% as U. S. and Iranian officials announced a peace deal to end their conflict, halt the U. S. S.
blockade, and reopen the Strait of Hormuz. This development eased inflation and higher interest rate concerns, pushing oil prices down and reducing the likelihood of a December U.
Source: Economic TimesOriginal source
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