About this episode
Gold prices inched up as investors anticipate reduced tension between Iran and Israel, with spot gold reaching $2,169.59 per ounce. Despite this, gold is on track for its steepest monthly decline since February 2023. U.S. gold futures also rose, and analysts suggest gold needs a significant trigger to break out of its current range. Geopolitical tensions and potential rate cuts from the Fed support golds safe-haven status. Silver, platinum, and palladium also saw gains, with all eyes on the Middle East for further developments.
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