Gold and silver plummet — here’s why Iran war is hammering prices
Inflatie
Gold and silver futures plummeted Thursday to one-month lows after a historic metals rally earlier this year as the Iran war crushed hopes for interest rate cuts anytime soon. Precious metals are seen as a safe-haven asset thanks to their ability to hold value while other assets fall, and typically spike alongside fears of inflation, economic uncertainty and geopolitical tensions – all of which have been heightened around the US and Israel’s war on Iran . But gold saw its seventh-straight loss
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