Gold Extends Decline for 10th Day as Iran War Concerns Persist
From finance.yahoo.com
Gold fell as investors weighed conflicting statements on the war in the Middle East, with a postponement of US strikes on Iran’s energy infrastructure bringing only brief respite from the precious metal’s dramatic wartime decline. Bullion lost as much as 1.8% – having earlier climbed nearly 1% – in a volatile session that largely tracked equities and an inverse relationship with oil. US President Donald Trump announced a five-day delay to attacks he had threatened on Iranian power plants and said on Monday that “productive discussions” had taken place, but an Iranian official ruled out talks and the Wall Street ...
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