Gold flirts with bear-market territory as Iran war takes its toll
The Big Market Report Take
Higher interest rates, forced liquidation of positions for margin calls and the possibility of central banks having to tap their reserves are conspiring to send gold lower, despite the economic uncertainty from which it’s meant to benefit.
Not financial advice. The Big Market Report aggregates news for informational purposes only. Nothing on this site constitutes investment advice. Equities and other securities are subject to market risk. Always do your own research and consult a qualified financial advisor before making any investment decisions. Full disclaimer →
Never miss a story
More from this section
- IRS warns $1.2bn in 2022 tax refunds will expire next monthYahoo Finance26m ago
- Marathon Petroleum: Another Peak Is NearSeeking Alpha27m ago
- Markets’ Next Phase Is Outright Correction and Loss, Says BNY’s YuBloomberg Markets27m ago
