The Story
News Summary
- Gold prices dropped over 17% following the outbreak of military conflict with Iran, exhibiting a classic 'sell-the-news' dynamic after surging pre-war.
- Concurrently, shipping rates skyrocketed due to the Strait of Hormuz closure, while equities and bitcoin posted moderate gains despite ongoing geopolitical risks.
Explore XAUUSD price history & advisor snapshot
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Stored market data
XAUUSD price history
4348.30
-8.76% over the displayed period
Advisor Snapshot
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