Gold Tumbles as Trump Declares Iran Peace Deal Dead

From moneycheck.com

Precious metals experienced significant declines Wednesday following President Donald Trump’s declaration that the temporary peace agreement with Iran had collapsed, amid renewed military confrontations between the nations. During early New York trading hours, spot gold decreased 1.2% to reach $4,057.09 per ounce. Gold futures contracts showed even steeper losses, falling 2.2% to $4,066.56 per ounce. During his appearance at a NATO conference in Turkey, the President criticized Iran for publicly contradicting agreements allegedly reached in private negotiations. “We make a deal, and everyone’s agreed. No ... (full story)