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Gold refreshes weekly top, eyes ,650 as USD slips on peace hopes

Gold (XAU/USD) gains some follow-through positive traction for the second straight day on Wednesday and recovers further from a more than one-month low, around the $4,500 mark, touched at the start of this week. The US Dollar (USD) weakens across the board amid the optimism over a potential US-Iran peace deal and supports the commodity. Moreover, retreating Crude Oil prices ease inflationary concerns and temper bets for a more hawkish US Federal Reserve (Fed), which…

Finance news

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Anthropic launches AI agents for Wall Street’s grunt work

Anthropic is rolling out AI agents for finance that promise to do the grunt work of Wall Street — from preparing for client meetings to conducting market research. Loading audio narration… The announcement on Tuesday comes as startups and banks themselves are building similar tools to automate much of Wall…

Business

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Citadel’s B threat could sting local food vendors

Citadel founder and CEO Ken Griffin described New York City Mayor Zohran Mamdani’s “tax the rich” video targeting him as a “creepy and weird” political advertisement. Speaking at the Milken Conference in Los Angeles on Tuesday, Griffin said Mamdani’s “frightening” video reaffirmed his decision to “double down” on business in…

Markets

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Investing

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