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Back Fundamental analysis
Gold Faces Another Sell-Off
Today, the gold price has risen
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Today, the gold price has risen slightly amid signs that buyers who purchased on the dip have become active, following the escalation of hostilities in the Middle East that led to a 2% price drop on Monday.Gold prices rose by 0.6%, nearing the mark of $4550 per ounce. US military officials stated that they repelled Iranian attacks, ensuring the passage of two American-flagged vessels through the Strait of Hormuz. However, tensions heightened again after the UAE reported intercepting cruise missiles
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Miroslaw Bawulski,
Analytical expert of InstaForex
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Maxim Magdalinin
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