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Monday
29
Jun 2026
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Gold: Rally after US–Iran agreement – at $4,330 per ounce

Gold surged by more than 2.7% after the US–Iran agreement to end the war and reopen the Strait of Hormuz, a development expected to ease global inflation pressures and influence expectations for future interest rate hikes. At the same time, oil prices declined, while markets now turn their attention to upcoming Federal Reserve decisions

Oil and gold surge after US strikes on Iran, brent above $100

The spot price of gold stood near $4,720 per ounce, recording a weekly increase of 2.3%

Gold climbs to $5,380 as investors boost demand for “safe havens”

Gold rose for a fifth consecutive session as escalating conflict in the Middle East rattled global energy markets and drove investors toward safe-haven assets

Dubai will create a road covered in gold

In a city where extravagance has become part of everyday life and ambitious projects know no limits, yet another development is set to reinforce Dubai’s reputation as a global symbol of excessive glamour

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