EconomyGold rises over 1% as oil tumbles on pause in US-Iran fighting
Gold advanced by more than 1% on Monday after a pause in hostilities in the Middle East sent oil prices lower. The decline in oil eased concerns about inflation and the possibility that interest rates would remain high for an extended period. Commodity markets responded to the temporary halt in US-Iran fighting, with gold gaining as oil retreated.
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Gold rises over 1% as oil tumbles on pause in US-Iran fighting
Economy