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The reasons for gold falling to a one-year low from the analysts' eyes; Will the event of 2008 repeat itself?

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irna_1313 · · Source

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The reasons for gold falling to a one-year low from the analysts' eyes; Will the event of 2008 repeat itself?

The reasons for gold falling to a one-year low from the analysts' eyes; Will the event of 2008 repeat itself?

The website of the "MarketWatch" company, in a report that cited analysts, examined the reasons for the drop in the global gold price despite the escalation of tensions in the Middle East.

This company writes in this report: Gold, which is always referred to as a safe asset, faced a sharp decline yesterday and its price reached its lowest level in a year. This event seems contradictory given the growing concerns about the possibility of new tensions in the Middle East after the November 3 US midterm elections.

Irna Jahan

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