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Gold Eyes Gains as Oil-Driven Inflation Spurs Commodity Buying

Investor's Business Daily Read original source (opens in a new tab)
The Story

News Summary

  • Oil-driven inflation is acting as a catalyst for commodity markets ahead of the Federal Reserve's September meeting.
  • Precious metals and gold miners like Wheaton Precious Metals are drawing institutional buying interest as shares reach key technical buy points.
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XAUUSD price history

4408.90 -4.49% over the displayed period

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