Economy

Gold Jumps 2 on Weaker Dollar Middle East Peace Hopes

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Gold Jumps 2 on Weaker Dollar Middle East Peace Hopes
Gold prices rose 2% on Wednesday, buoyed by a weaker dollar, while softer oil prices eased fears of inflation and higher-for-longer interest rates, amid hopes of a US-Iran peace deal. Spot gold was up 2% at $4,647.09 per ounce, as of 0415 GMT. US gold futures for June delivery rose 2% to $4,658, Reu...