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Gold surges past $4,850 as Hormuz reopening crushes the US Dollar

Gold (XAU/USD) price rallies on Friday ahead of the weekend, breaking past the $4,850 level and rising more than 1.50%, as the US-Iran conflict seems to be de-escalating after Iran reopened the Strait of Hormuz, easing inflationary pressures worldwide.
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United States CFTC Gold NC Net Positions up to $162.5K from previous $156.3K

United States CFTC Gold NC Net Positions up to $162.5K from previous $156.3K
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