US Edition
Gold Sees Worst Month Since 2013 as Iran War Drags On
Gold dropped 14.6% this month as investors sought liquidity amid rising bond yields, a stronger U.S. dollar, and expectations of prolonged interest rate hikes, analysts said.
6 Articles
6 Articles
Gold Suffers Worst Drop in 17 Years Despite War Fears—Here's the Twist Investors Missed
Gold's sharp sell-off amid escalating tensions in the Middle East has left markets scrambling for answers. Traditionally viewed as a safe-haven asset, bullion would be expected to rally during geopolitical crises. Yet, in the wake of the Iran conflict, the opposite has happened, with gold shedding more than 20% since hitting a record high of $5,594.82 an ounce on 29 January, marking one of its worst monthly performances in over a decade. Safe Ha…
Even the quintessential safe haven of the markets could not withstand the shock of war and energy: gold is heading for its worst monthly performance in the last 17 years, as… Gold: The most violent monthly fall since 2008 - NAVTEMPORIKI
Gold halts decline in fifth week of protracted Middle East war Bullion price holds at $4,500 an ounce after first weekly gain. The asset has lost about 15% of its value since the conflict began.
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- 50% of the sources lean Left, 50% of the sources are Center
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