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Gold Holds Gain as Trump Touts Reopening of Hormuz This Week (opens original article in a new tab)

TL;DR

Gold holds gain as Trump says Strait of Hormuz could reopen this week

  • Gold held a gain after US President Donald Trump said the Strait of Hormuz could reopen on Friday
  • Trump's statement likely eased an energy and inflation shock that has roiled global markets
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