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Lower Oil Prices Lend Support For The Gold Rally
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Lower Oil Prices Lend Support For The Gold Rally

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Lower oil prices have boosted gold, as easing inflation concerns and weaker U.S. economic data have reduced expectations for further Fed tightening.

Oil prices fell for a second week running thanks to optimism surrounding renewed U.S.-Iran diplomacy to reopen the Strait of Hormuz. U.S. President Donald Trump announced on Monday that talks between Washington and Tehran would resume l, adding that ... [5443 chars]

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Source: oilprice.com

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