Precious metals performed strongly in response to the White House talking down the dollar while oil prices got a boost from heightened geopolitical tensions as the US looks prepared to introduce new sanctions against Iran. Commodity demand from funds remains strong though the overall price development struggles to justify this surge in demand.
from Ole Hansen - Authored content https://www.tradingfloor.com/posts/wcu-gold-up-as-dollar-is-talked-down-8448015?utm_medium=tf4-feed&utm_source=extract
WCU: Gold up as dollar is talked down
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