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Home Commodities

Gold and Silver Sink as Death of US-Iran MOU Sends Oil, Rates Jumping

by MarketNewsBoard
2 hours ago
in Commodities, Gold
Share on FacebookShare on Twitter

GOLD and SILVER PRICES sank on Wednesday after US President Trump said the peace deal with Iran is “over”, sending crude oil and interest-rate expectations sharply higher amid continued attacks on shipping through the Strait of Hormuz. Hong Kong meantime marked the 2nd day of its new gold clearing and settlement system, with a raft of banks, wholesalers and data providers issuing press releases to claim their place “among” the first participants and supporters.

Source: Original Article

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