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Back Fundamental analysis
Gold Continues to Rebound
Gold is trading around $4317 per
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Gold is trading around $4317 per ounce, maintaining much of yesterday's gains. The upward bounce was prompted by the US-Iran agreement and Trump's statement that the Strait of Hormuz could fully open as early as Friday. However, US allies are less optimistic about the pace of normalization in energy flows, which is holding the metal back from more decisive growth.The paradox of gold in this war is well-known—and it persists even now. The metal has lost about 18% since the
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2026
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Maxim Magdalinin
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