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Gold's volatile week: geopolitical tensions drive record highs before sharp retreat
Gold markets experienced extraordinary volatility this week, showcasing both the precious metal's enduring appeal as a safe-haven asset and the ephemeral nature of crisis-driven rallies. The drama began last Friday when Israel launched military operations targeting nuclear facilities in Iran, triggering an immediate flight to safety that propelled spot gold to an unprecedented closing high of $3,432.63. This breakthrough surpassed the previous record of $3,431.14 established on May 6, extending gold's remarkable spring rally that has captivated investors worldwide. The futures market told an even more compelling ... (full story)
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- Jun 18, 2025 11:01pm Posted byFundamental Analysis268
