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06.04.26 - 05:00
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Gold may reverse course once Iran war ends, Fed adopts policy easing (SCMP)
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Gold is likely to stabilise and resume its record-setting uptrend once Middle East tensions recede and new leadership at the US Federal Reserve adopts a policy of monetary easing, according to global financial institutions.
The yellow metal would quickly rebound above US$5,000 an ounce as long as crude oil slipped back to between US$80 and US$85 a barrel, according to a report by William Blair, the US investment banking and wealth-management company.
Lombard Odier, the Swiss private banking and......
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