Gold Rises After Trump Signals Iran Conflict May Be Nearing End
From finance.yahoo.com
Gold advanced after President Donald Trump signaled the war in the Middle East could be nearing an end, sending oil prices lower. Bullion rose as much as 0.9% to top $5,180 an ounce, wiping out a decline in the previous session. Trump said the conflict would be resolved “very soon” and a gauge of the dollar fell as much as 0.1%, extending a decline on Monday. Crude tumbled more than 10% in a market that’s been whiplashed by exceptionally volatile trading. Any sign that the White House is prepared to end the war with Iran — now in its second week — could lift some of the pressure that has weighed on gold. The ...
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