Gold Prices Drop 3% Amid Israel-Hezbollah Ceasefire, New US Treasury Pick

In an unexpected turn of events, gold prices experienced a 3% tumble following the release of reports surrounding a ceasefire agreement between Israel and Hezbollah, raising investors’ risk appetite. In line with these developments, the nomination of a new U.S. Treasury pick stirred up the financial markets, inducing further fluctuations in the gold rates. As the financial world anticipates and adjusts to these impactful events, expect significant ripple effects in international markets. Read More


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