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Macro Finance

Gold Edges Up as Traders Weigh Russia-Ukraine ‘Energy Ceasefire’

Bloomberg Markets·October 12, 2026·1 min read

Gold prices edged higher as traders weighed President Trump's claim of an 'energy ceasefire' between Russia and Ukraine, while Middle East conflict risks fueled inflation concerns. The precious metal's uptick reflects market uncertainty over geopolitical tensions and their potential impact on global inflation and safe-haven demand.

Read at Bloomberg Markets
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