Mideast tensions spark flight to the dollar, Bitcoin tumbles 8%

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-The gold market is holding solid gains above $2,400, trading near session highs as consumer sentiment falls sharply and inflation expectations rise in April.Friday, the University of Michigan said its preliminary consumer sentiment index fell to 77.9, down from March’s upwardly revised reading of 79.4. The data significantly missed expectations as economists looked for sentiment to remain relatively stable at 79.

 

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