Gold gaps higher on Iran headlines as crucial labor data looms - KITCO
Gold gaps higher on Iran headlines as crucial labor data looms - KITCO
Source: KITCO
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DW NOTE
Gold gapped up on Iran headlines, but the metal is still down 23% from its January high of $5,318. A safe-haven bid that erases less than a quarter of a six-month drawdown is not a reversal — it's a dead-cat bounce in a bear market that began when inflation expectations peaked.