Gold Jumps as Prospects of Iran Deal Temper Inflation Concerns
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1.00 · RIGHT
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0.000 · CENTER
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0.000 · CENTER
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avg 0.078
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Article Excerpt
A worker polishes a one kilogram gold bar at the ABC Refinery smelter in Sydney, Australia, on Friday, May 3, 2024. Gold edged higher after mixed signals from the US, where optimism is growing the economy is on target for a soft landing as the Federal Reserve fights inflation. PHOTO BY BRENDON THORNE /Bloomberg Article content (Bloomberg) — Gold jumped as signs the US and Iran are closing in on a deal that would reopen the Strait of Hormuz tempered inflation concerns. Article content Bullion rose as much as 1.6% to around $4,580 an ounce, erasing a moderate loss from last week. Negotiations on…
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May 30, 2026