Gold rebounds as bond jitters, debt fears and weaker dollar revive bullion demand - CNBC

Gold rebounds as bond jitters, debt fears and weaker dollar revive bullion demand - CNBC

Source: CNBC

DW NOTE

Gold is up 4.85% this week because a US blockade still holds the Strait of Hormuz shut after 129 days — cutting off one-fifth of global oil supply — while Russian missiles keep hitting Kyiv and the fiscal deficit runs at 6% of GDP. The "jitters" are supply shocks and sovereign insolvency, not sentiment.

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