Gold climbs amid easing rate hike fears
Iran is facing a severe economic crisis that is escalating amidst increasing American pressures, leading to supply shortages and fluctuations in the copper market, as well as a decline in the dollar due to waning expectations of a US interest rate hike. At the same time, oil prices have risen above $90 amid escalating tensions regarding Iran, and the UAE has condemned the Iranian attack on Iraqi Kurdistan. The United States and Japan are leading a coalition to break China's dominance over minerals, while America's wealthy are reshaping their global management and investment strategies.
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