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giavang
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Why isn't the US attacking Iran while gold is rising?
1. "Hold off on trading" is not the same as "Peace"
The US not striking Iran immediately just eases short-term panic. The nature of the conflict remains simmering and prolonged, creating a long-term uneasy sentiment. Investors are opting to stack up on gold as geopolitical risks loom, ready to flare up at any moment.
2. A weak USD pushes gold prices up
The global gold price is quoted in USD (they're inversely related):
Why isn't the US attacking Iran while gold is rising?
1. "Hold off on trading" is not the same as "Peace"
The US not striking Iran immediately just eases short-term panic. The nature of the conflict remains simmering and prolonged, creating a long-term uneasy sentiment. Investors are opting to stack up on gold as geopolitical risks loom, ready to flare up at any moment.
2. A weak USD pushes gold prices up
The global gold price is quoted in USD (they're inversely related):
1. "Hold off on trading" is not the same as "Peace"
The US not striking Iran immediately just eases short-term panic. The nature of the conflict remains simmering and prolonged, creating a long-term uneasy sentiment. Investors are opting to stack up on gold as geopolitical risks loom, ready to flare up at any moment.
2. A weak USD pushes gold prices up
The global gold price is quoted in USD (they're inversely related):
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