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Gold surged to $4,850/oz (+3.1%) post-ceasefire announcement, while oil briefly plunged below $100/barrel.
Gold surged to $4,850/oz after Trump's ceasefire, but the truce is only two weeks.
KEY POINTS
- Bank of America warns oil could spike to $130–$200+ if Iran blocks the Strait of Hormuz.
- Eastern arbitrage is undermining Western gold price manipulation, pushing gold toward $3,000–$5,000/oz.
- Gold's resilience despite Fed rate hike signals shows investors hedging against geopolitical and monetary instability.
- Short-term gold price dips are seen as accumulation opportunities before potential long-term surges.
COMPANIES
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