Gold and silver prices plunge: Why has safe-haven demand faded amid Iran war? | Euronews Newsletter Events Loader Newsletter Events Loader Loader Search
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It is an old market saying, but it has never felt more apt: when people are worried about the future, they buy gold — when they are worried about the present, they sell it. ADVERTISEMENT ADVERTISEMENT While the Iran war has raised longer-term concerns over energy security and global stability, the immediate fallout, in the form of surging oil prices and renewed inflation fears, has forced investors to prioritise liquidity and higher-yielding assets over metals. Gold hit an all-time high of $5,
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