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Gold Rises as Promising Diplomatic Efforts in the Middle East Start

Gold prices ticked up as the week started as diplomatic efforts to deescalate tensions in the Middle East between Tehran and Washington got underway. Prices of crude oil also declined. Investors continue assessing how the recent rise in oil prices will affect markets.

Market fundamentals, geopolitics and U.S. monetary policy are constantly reshaping precious metals prices. Stakeholders like Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) have plenty to stay on top of in order to align their…

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