Gold moved higher this morning as markets assessed a fragile ceasefire between the United States and Iran, with investors weighing whether tensions in the Gulf will ease or escalate again. The move has been supported by a softer dollar and continued uncertainty around oil flows through the Strait of Hormuz, while attention now turns to […]
Right now gold is behaving less like a refuge and more like what it is: one of the deepest and most liquid financial markets in the world. In the early stages of stress, investors tend to sell what they can, not necessarily what they distrust. The recent softness in gold and silver is therefore better […]
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