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Oil Prices Rise and Gold Falls Below $4610/oz After Iran Closes Communication Channels with the US
07/04/2026 10:13
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According to Gate data, after Iran closed communication channels with the US, the decline in spot gold further widened, having now fallen by nearly $40 and breaking below $4610 per ounce. WTI crude oil rose by $4 intraday, a gain of 3.64%. Both the Nasdaq and S&P 500 indices fell by over 1% intraday.
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