July 16, 2025
Gold Investing

Gold loses steam despite rising global risks. Here’s why

Gold prices slipped on Monday (June 23) even as tensions escalated in West Asia following US airstrikes on Iranian nuclear sites. Investors sought safety in the US dollar, dampening gold’s appeal as a haven asset. At 0341 GMT, spot gold was down 0.2% at $3,362.29 per ounce, while US gold futures dropped to $3,378 an

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