Gold futures close near $4,350 after dipping to $4,322. - CME Group
Gold futures close near $4,350 after dipping to $4,322. - CME Group
Source: CME Group
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DW NOTE
Gold closing near $4,350 with the Strait of Hormuz shut, the Fed hiking into a supply shock, and oil somehow falling says one thing: someone believes the crisis ends cleanly. The last time markets priced geopolitical risk this calmly while 2,000 ships sat stranded in a minefield, they were wrong.