Gold Heads for Historic Monthly Jump Near $4700 on US-Iran 'Economic War' - BullionVault

Gold Heads for Historic Monthly Jump Near $4700 on US-Iran 'Economic War' - BullionVault

Source: BullionVault

DW NOTE

Gold at $4,690 is 11.8% below its January peak. A "historic jump" in the same year the metal already hit $5,318 is just a recovery rally. The blockade turns 133 days old today — if gold were properly discounting a total closure of the Strait, it would be past the January high, not trailing it by $628.

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