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Macro Finance

Gold Trades Near Two-Month High as Focus Shifts to Inflation

Bloomberg Markets·August 10, 2026·1 min read

Gold hovered near a two-month high as traders weighed hopes for a US-Iran deal to reopen the Strait of Hormuz while awaiting a key US inflation report. The report could provide fresh clues on the Federal Reserve's appetite for an interest-rate hike.

Read at Bloomberg Markets
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