Gold Holds Near $4,470 as Trump and Iran Clash Over Peace Talks
Updated
Updated · Bloomberg · Jun 4
Gold Holds Near $4,470 as Trump and Iran Clash Over Peace Talks
3 articles · Updated · Bloomberg · Jun 4
Summary
$4,470 an ounce left gold little changed on Friday, after bullion rose nearly 1% in the previous session.
Conflicting signals from Washington and Tehran drove the pause: Donald Trump said negotiations to end the war were in their “final” stages, while Abbas Araghchi said “no tangible progress has been achieved.”
That uncertainty kept haven demand supported as investors weighed whether diplomacy can end a conflict that has already roiled global markets.