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Gold rebounds as Oil reverses sharply on positive US-Iran headlines

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Gold (XAU/USD) reverses earlier losses on Tuesday as positive Middle East headlines trigger a sharp pullback in Oil prices, weighing on the US Dollar (USD) and US Treasury yields. At the time of writing, XAU/USD trades around $4,143, recovering from an intraday low of $4,111.

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Business
First reported by
FXStreet
Published
Tuesday, 20 October 2026, 7:30 pm IST
Coverage
One outlet so far

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