Gold holds decline as Israel-Iran ceasefire cuts haven demand
Gold held a decline, which was triggered by a reduction in Middle East tensions as a shaky Iran-Israel ceasefire appeared to hold, cutting haven demand. Bullion traded little changed at around $3 325 an ounce early in Asia, after closing down 1.3% on Tuesday. The truce continued between Israel and Iran came after US President Donald Trump lashed out at both sides for early breaches.
Gold held a decline, which was triggered by a reduction in Middle East tensions as a shaky Iran-Israel ceasefire appeared to hold, cutting haven demand.
Bullion traded little changed at around $3 325 an ounce early in Asia, after closing down 1.3% on Tuesday. The truce continued between Israel and Iran came after US President Donald Trump lashed out at both sides for early breaches.
