Gold firms as oil prices slump after Trump holds off on Iran attack - Reuters
Gold firms as oil prices slump after Trump holds off on Iran attack - Reuters
Source: Reuters
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DW NOTE
Trump postponed a strike, oil fell, and gold firmed — which tells you everything about what gold actually hedges. It's not inflation or dollar weakness. It's the risk that someone with weapons will use them. When that risk recedes, so does the bid.