Gold outlook as dollar and Strait impact prices
Gold price expectations for the upcoming days are leaning towards caution, after the metal recorded its lowest levels in two months due to a rising dollar and increasing tensions in the Strait of Hormuz. Currently, gold is affected by inflation risks resulting from soaring oil prices, with markets closely watching key support levels between $4,370 and $4,460 per ounce. Despite the current volatility, positive outlooks remain for the medium and long term.
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