Iran closes communication channels with the US, leading to rising oil prices, falling US stocks, and declining gold prices
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Golden Ten Data reported on April 7 that after Iran closed its communication channels with the United States, spot gold fell by nearly $40, dropping below $4,610 per ounce. WTI crude oil rose by $4 during the day, up 3.64%. Both the Nasdaq and S&P 500 indices fell by more than 1% during the day.
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