Gold slips below $4,350 as investors take profits, Iran tensions persist By Investing.com - Investing.com
Gold slips below $4,350 as investors take profits, Iran tensions persist By Investing.com - Investing.com
Source: Investing.com
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DW NOTE
Gold at $4,350 with oil at $82 is not tension-driven pricing — it's profit-taking during a regional crisis that has cut global supply 4%. The Strait of Hormuz has been effectively closed for 166 days, and gold is down 17% from its January high. Either markets have priced in perpetual closure, or they're not pricing it at all.