Is gold losing its safe-haven appeal to long-term government-backed bonds?
COMEX gold prices have declined about 11%, while MCX gold rate has dropped nearly 19% from their peak levels. The decline comes despite the ongoing escalation of the US–Iran war, which would typically boost demand for safe-haven assets.
COMEX gold prices have declined about 11%, while MCX gold rate has dropped nearly 19% from their peak levels. The decline comes despite the ongoing escalation of the US–Iran war, which would typically boost demand for safe-haven assets.
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