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Gold Extends Decline as Iran Tensions Rekindle Inflation Fears
Gold and silver extended declines as an uptick in Middle East tensions refocused investor attention on prolonged energy-market tightness that may lead to higher interest rates. Markets reacted as US President Donald Trump said the US “must respond” after he blamed Iran for shooting down an American military helicopter off Oman, posing a new threat to the peace deal he’s said for weeks is close. Bullion fell as much 2.2% and oil pared some of its losses. Copper futures in London gave up earlier gains Tuesday to close little changed. Trump’s comments prompted concern over a potential return to clashes in the ... (full story)
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From @DeItaone|3 hr ago|22 commentsTRUMP SAYS RESPONSE TO IRAN IS ‘VERY STRONG, VERY POWERFUL’: ABC
From @CENTCOM|3 hr ago|43 commentsU.S. Central Command (CENTCOM) forces began launching self-defense strikes against Iran, at 5 p.m. ET today at the Commander in Chief’s direction, in response to yesterday’s downing of a U.S. Army Apache helicopter. The mission is a proportional response to unjustified Iranian… US MILITARY: STRIKES IN RESPONSE TO YESTERDAY'S DOWNING OF A U.S. ARMY APACHE HELICOPTER
From kitco.com|3 hr agoWhile most investors have been focused on gold’s recent breakdown, there has been a broad-based sell-off in the precious metals complex, with platinum group metals feeling the ...
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- Jun 9, 5:01pm | 3 hr ago Posted byFundamental Analysis76
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