Gold Plummets As Ceasefire And Treasury Appointment Ease Market Anxiety
26 Nov 2024
Gold (XAU/USD) experienced a steep decline during Monday's US session, shedding nearly 2.5% to trade in the $2,640s. This drop followed reports that Israel and Hezbollah had agreed to a ceasefire, according to a US official. Markets appeared to respond with relief to the news, dampening the demand for gold...
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