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Gold Loses Its Safe-Haven Shine in Middle East War

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Gold prices, which had been rising sharply since the beginning of the year, have fallen by 15% due to the ongoing Middle East conflict and the Strait of Hormuz blockade.
The sharp decline can be attributed to margin calls and the strengthening dollar. In these difficult geopolitical conditions, investors are selling assets to cover losses, which lowers the price of gold.
Check Sputnik's infographic to find out more!
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