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Gold Gains as Prospects of Iran Deal Temper Inflation Concerns

Bloomberg Markets · May 24, 2026, 10:53 PM · Also reported by 4 other sources

Gold rose as signs that the US and Iran were closing in on a deal that would reopen the Strait of Hormuz tempered inflation concerns.

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BBC Business Oil prices slide on hopes of US-Iran deal The Hill Trump says Iran deal will be 'good and proper' if one is made Fortune Oil drops as U.S. says deal with Iran and Hormuz reopening is near Investing.com Oil falls more than $4 as US, Iran remain at odds over peace deal

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Gold Gains as Prospects of Iran Deal Temper Inflation Concerns

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