Gold Retreats From Geopolitical Rally as Israel-Iran Tensions Continue

25.06.16

Gold retreated from earlier gains on Monday, settling around $3,415 per ounce—approximately $80 below its April record high. The Israel-Iran conflict, now in its fourth day with continued missile and drone exchanges, initially boosted gold prices but wasn’t enough to sustain the momentum. Last week saw a 3.7% increase in…

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