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Gold gains as oil slumps after Trump holds off on Iran attack

Gold prices saw an increase on Monday as oil prices declined. This shift occurred after President Donald Trump delayed further action against Iran. Eased concerns about inflation and interest rates influenced the precious metal's movement. Other precious metals like silver and platinum also experienced gains. Investors now await upcoming United States jobs reports for further market direction.

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Economic TimesLean R·3h ago
Gold gains as oil slumps after Trump holds off on Iran attack
Gold prices saw an increase on Monday as oil prices declined. This shift occurred after President Donald Trump delayed further action against Iran. Eased concerns about inflation and interest rates influenced the precious metal's movement. Other precious metals like silver and platinum also experienced gains. Investors now await upcoming United States jobs reports for further market direction.
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Gold gains as oil slumps after Trump holds off on Iran attack

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Gold gains as oil slumps after Trump holds off on Iran attack

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