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PRECIOUS METALS | Gold Slides Toward $4,000 After US-Iran Attacks Raise Inflation Concerns

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2026-06-29 00:18:16
Gold fell to near $4,000 an ounce after the US and Iran traded attacks in the Persian Gulf, straining a ceasefire, according to Bloomberg.

The ceasefire had last week helped push energy prices down to pre-war levels and temper expectations for an interest-rate hike.
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