For now, the Israel-Iran conflict seems to have tamped down, which removes some safe-haven demand for gold and puts renewed focus on the Federal Reserve’s monetary policy.
In mining news the Biden Administration denied the building of an access road to Triology Metals' base metals project in central Alaska. The the Upper Kobuk Mineral Projects is a joint venture with South32 50/50. Triology dropped about 25% for the week. – Gold prices followed a now-familiar pattern this week, trading in an elevated range until geopolitics shocked the market to highs, followed by retracement to a higher floor.Gold price volatility highlights market jitters amid Middle East tensions, despite Fed's steady stance
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