What could send gold higher if not Middle East peace? - Kitco

Source: Kitco

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DW NOTE

Gold at $4,073 is 23% below its January peak even as the Strait of Hormuz enters its eighth month of blockade and global oil supply contracts by 6%. That's not peace-is-breaking-out pricing — it's the market concluding that the supply shock hasn't triggered sustained inflation because demand has collapsed underneath it.

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