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Gold Responds with a Decline to News from the Middle East
Gold prices plunged sharply after US
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Gold prices plunged sharply after US President Donald Trump termed Iran's latest peace proposal to end the war in the Middle East as "absolutely unacceptable." However, part of the Asian decline has been slightly recovered at the current moment.It is clear that the failure of diplomacy not only prolongs the conflict but also intensifies inflation fears, putting pressure on the precious metal that does not generate interest income. In morning trading on Monday, the price of gold neared $4,651 per
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Miroslaw Bawulski,
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