June 24, 2025
Tangible Assets

Gold hits near 2-week low as Trump announces Israel-Iran ceasefire – Commodities News

Gold hit a near two-week low on Tuesday after US President Donald Trump announced that Iran and Israel had agreed to a ceasefire to end their 12-day conflict, reducing safe-haven demand for the metal.  Spot gold slipped 0.6% to $3,349.89 an ounce, as of 0030 GMT, after hitting its lowest level since June 11. US

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