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Stock impact report

Gold jumps over 2% as oil slump eases inflation fears amid Trump Iran talks [CNBC]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: CNBC
Gold prices climbed on Wednesday as declining oil prices helped temper worries about persistent inflation, following reports that Washington is working on a proposal to end the Middle East conflict. Spot gold prices were last up 2.56% at $4,588 per ounce, while gold futures for April delivery were last seen over 4% higher at $4,597.7 per ounce. U.S. President Donald Trump said Tuesday the U.S. and Iran are “in negotiations right now” and suggested Tehran is eager to make a peace deal, even as the Islamic Republic has denied it is in direct talks with Washington. Speaking in the Oval Office, Trump said he decided to back off from his recent threat to order strikes on Iranian energy infrastructure “based on the fact we're negotiating.” “They're talking to us, and they're talking sense,” Trump said when asked to further explain his pivot. Oil prices fell following Trump's comments. International benchmark Brent crude futures fell around 6% to $98.31 per barrel, while U.S. West Show less Read more
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