Gold pauses near two-month highs as US-Iran standoff drives Oil prices higher
Gold (XAU/USD) pauses its rally on Tuesday after hitting a two-month high of $4,435 earlier in Asian trading hours. The modest pullback comes as uncertainty over when the Strait of Hormuz will reopen keeps Oil prices elevated.
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- US-Iran standoff sends oil up, dents stocks freemalaysiatoday.com
- Indian rupee retreats to near two-week low as US-Iran standoff pushes oil higher brecorder.com