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The Nexus
BUSINESSMay 4 · 22:57 UTCBLOOMBERGYihui Xie

Gold Holds Losses on Signs That US-Iran Ceasefire Is Fraying

Gold prices hold losses due to signs of a US-Iran ceasefire fraying, with its advance supported by central-bank buying and rate cuts by the US Federal Reserve. The gold market is also influenced by rising holdings in exchange-traded funds. Gold Corp.'s operations, such as the Perth Mint Refinery, play a role in the industry.

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