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Back Fundamental analysis
Why Is Gold Falling When the War in the Middle East Is Just Escalating?
The price of gold has resumed
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The price of gold has resumed its decline after a moderate two-day recovery, as traders reevaluate the conflicting statements from the US and Iran regarding peace negotiations in the Middle East.Yesterday, the price of gold held around $4500 per ounce until the White House announced that negotiations with Iran were progressing productively and had prepared a 15-point peace proposal. However, Tehran publicly rejected the US proposals for ending the conflict yesterday and put forward its own conditions, which quickly renewed
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2026
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Maxim Magdalinin
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