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Gold (XAU/USD) & Silver Price Forecast: Middle East Risks Lift Safe-Haven Demand - FXEmpire

Source: FXEmpire

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DW NOTE

Gold is trading 16.7% below its January peak while the Strait of Hormuz sits effectively closed and 1.3 billion barrels of Middle East oil supply have been removed from global markets. If this is what safe-haven demand looks like, the term has lost all meaning.

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Gold (XAU/USD) & Silver Price Forecast: Middle East Risks Lift Safe-Haven Demand - FXEmpire

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