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Oil, Gold Slide as US-Iran De-escalation Hopes Rise; Saudi Supply in Focus
Al Jazeera AR·US · IR · SA·1 day ago
Gold prices declined as markets await Fed officials' comments on the rate path, while oil rose on hopes for US-Iran talks at the UN. The divergence reflects shifting rate expectations and geopolitical supply risk. Uncertainty centers on the Fed's next move and the outcome of US-Iran discussions.
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