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Coverage of "Commodities" on Cryptosearcher: the stories and the context behind them.

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Gold hits four-year peak as Middle East tensions ease and Fed rate hike bets collapse

Gold jumped to $4,255 per ounce as US-Iran diplomatic progress eased geopolitical risk and forced traders to trim Federal Reserve rate hike expectations sharply lower.

August 6, 2026

Gold hits four-year peak as Middle East tensions ease and Fed rate hike bets collapse