Gold price rally cools as market awaits more cues

  • 📰 mining
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

No 1 source of global mining news and opinion

Gold retreated on Wednesday following a short spike in prices triggered by expanding Middle East conflicts, as investors await more US economic cues to plot their next moves.

Bullion closed the previous session 1.1% on news of an Iranian missile strike against Israel, which rekindled the allure of save haven assets. Chanana added that gold remained an attractive hedge. “When considering how markets might react next, the key worry would be risks of an escalation, particularly if Iran’s oil assets could be targeted.”

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 449. in FR

France Dernières Nouvelles, France Actualités