- Bullion plummets after the best run of weekly gains since 2023
- Traders look ahead to US price data for monetary-policy clues
Gold took a tumble as haven demand waned after geopolitical tensions eased in the Middle East.
Bullion dropped as much as 2.8% in its biggest intraday decline since June 2022 to trade as low as $2,324.96 an ounce. While Israel and Iran have traded attacks, raising concerns about an all-out-war in the region, Tehran has played down the impact and significance of Israel’s recent strike, saying on Monday that Israel has received the “necessary response at this stage.”
Strategic Planning, Leadership & Analysis Professional with a background in healthcare, manufacturing and retail. I have a strong understanding of the complex world of revenue Management and how to make it more relevant, understandable, and actionable for executive leadership across all levels of an organization. My career has spanned several years at UnitedHealth Group, Inc. I obtained my B. Comm from the University of Windsor and MBA from Wayne State University
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