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The Independent UK
The Independent UK
Business
Karl Matchett

Gold prices rise again as Middle East conflict and interest rate fears ease

The price of gold is rising once more - (AFP/Getty)

The price of gold has been on the rise once more, reversing a months-long downward trend which saw the precious metal’s value fall by more than a quarter.

Investors have had a tough time predicting what markets will do this year, with uncertainty from the Iran war hitting inflation, currency markets remaining volatile and and growing concerns over the amounts the largest firms are spending on artificial intelligence.

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