- Oman is cooperating on managing shipping lanes and seeking a Memorandum of Understanding to lift a naval blockade.
- Draft MoU negotiations between the US and Oman discuss military withdrawal and restoring commercial transit through the Strait of Hormuz.
- A US government entity announces policy shifts on May 27, including a draft MoU outlining reciprocal commitments for trade and concerns regarding US inflation.
- FED officials are actively pricing in rate hike expectations, affecting the outlook for gold prices.
Gold rallies despite headwinds from rate hike expectations.
2 reports, 2 independent
Updated Fri 00:00
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What happened
Gold rallies despite headwinds from rate hike expectations.