The price of gold has dropped below $3,360 per troy ounce, nearing a one-week low and marking its first decline in three weeks. Investors are offloading the precious metal to offset losses in other markets amid escalating tensions in the Middle East. Geopolitical Tensions Weigh on Gold Israel and Iran continue to exchange strikes, with […]
The post Gold Falls to One-Week Low: What’s Behind the Drop? appeared first on Action Forex.
Dollar’s broader weakness reasserted itself last week, even as it managed a modest late rebound against Euro. Across the board, however, the greenback remains under pressure, with underlying momentum and sentiment pointing to further downside Read more…
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