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6.7

Oil Near 6-Week High, Gold Jumps 2% on US-Iran Tensions, Weak Dollar

Oil prices climbed to near six-week highs as US-Iran tensions escalated, while gold rose 2% on a weaker dollar and lower bond yields. Markets await US jobs data for clues on September rate path. The move reflects a risk-off tone driven by geopolitical risk, with safe-haven demand supporting gold.

Al Jazeera ARabout 3 hours agoUS, IRCredibility 50%View source

Score Breakdown

Mosaic Score6.7
Confidence0.5
Significance0.5
Source credibility0.5

Intelligence Tags

#oil#gold#us-iran#geopolitical-risk#safe-haven#jobs-data

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