Lates News

ANZ Bank commodity strategist Soni Kumari said: "We do not expect the price of gold to fall back to $3,000 because there are a lot of uncertainties." He is referring to whether the United States will decide to become directly involved in the conflict between Iran and Israel. On Thursday, Iran launched missile attacks on an Israeli hospital while Israel attacked targets in Iran. At the same time, Trump has left the world guessing whether the US will join Israel's airstrikes in an attempt to destroy Tehran's nuclear facilities. Earlier this week, Citigroup predicted that gold will fall below $3,000 in the coming quarters.