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Gold price holds firm as Middle East conflict boosts safe-haven demand

From fxstreet.com

Gold (XAUUSD) continues to attract demand as geopolitical tensions and economic uncertainty shape market sentiment. Rising conflict in the Middle East has increased concerns about regional stability and encouraged investors to seek defensive assets. At the same time, energy market volatility and shifting expectations for U.S. monetary policy are influencing gold’s near-term direction. These developments have helped gold recover from a brief pullback while keeping the broader upward trend intact. Gold supported by rising Middle East tensions and global uncertainty: Gold briefly pulled back before rebounding as ... (full story)

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  • Category: Fundamental Analysis