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Oil and Gold Surge as Middle East Tensions Flare; US Indices Slide

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • US equity indices fell while crude oil and precious metals rallied following the expiration of the US-Iran ceasefire.
  • Escalating Middle East tensions and attacks on vessels in the Strait of Hormuz have heightened supply disruption fears, pressuring broader equity markets and boosting commodities.
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XAUUSD price history

4408.90 -4.49% over the displayed period

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