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Interest Rates

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๐Ÿ‡ธ๐Ÿ‡ฐ Slovakia/Slovak

Gold Prices Climb Over 2% Amid Easing Inflation Fears and Iran De-escalation Hopes

- Gold prices rose by over 2% during the week, closing at $4715.25 per ounce on Friday. - This increase was driven by optimism about a potential end to the conflict with Iran, easing inflation and high interest rate concerns. - Gold is typically seen as a safe haven, but high interest rates can pressure its price; de-escalation in Iran could lead to lower energy prices and potential interest rate โ€ฆ