Action Forex News Agency
4 hours agoAction Forex
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Gold Rises for Fourth Consecutive Day: Geopolitics and Data Lend Support

Gold Rises for Fourth Consecutive Day: Geopolitics and Data Lend Support

Gold rose to 4,300 USD per ounce on Thursday, marking its fourth consecutive session of gains. The metal has advanced nearly 6% since the start of the week, supported by a partial agreement to reopen shipping through the Strait of Hormuz, which has weighed on oil prices and eased concerns over inflation and further rate hikes.

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