Gold costs have spiked up to now jiffy and I believe that is largely technical however there could possibly be some assist from extra speak of battle between Iran and Israel.
Two headlines:
- Hezbollah head Sayyed Hassan Nasrallah says strike on Iranian consulate in Damascus is ‘turning level’ in occasions since Oct. 7
- Hezbollah head says Iranian response to strike on Iranian consulate in Damascus will ‘undoubtedly come towards Israel’
Hezbollah is Iran-aligned however not Iran so I am undecided take these feedback.
This text was written by Adam Button at www.forexlive.com.
