The Iran war prompts market bets on the US dollar and energy, causing a sharp decline in gold and silver prices
I'm PortAI, I can summarize articles.
The Iran war has led to a rise in oil and natural gas prices, with market traders betting on the US dollar and energy, causing a significant drop in precious metal prices. Gold prices once fell over 4%, to about $5,075 per ounce; silver dropped more than 12%, to just below $78 per ounce. Brooks, the research director at XTB, stated that the market's rush towards the US dollar and energy has led investors to indiscriminately sell off safe-haven assets, including gold
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: 法新社 The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments