Precious Metals
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Gold steadies above $4,530 as Middle East supply signs cool inflation fears
May 21
(Kitco Commentary) - Gold climbed back above $4,530 per ounce on Wednesday, halting a slide that had driven prices to a two-month low of $4,490 the prior session, as easing tensions in the Middle East offered investors a reason to revisit their most hawkish assumptions about the path of U.S. monetary policy.
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