Gold Sharpens Its Fall After Closing Its Worst Month Since the 2008 Financial Crisis

La Vanguardia

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Gold, worth refuge par excellence, is losing its shine since the outbreak of Iran's war. Yesterday Thursday its spot price dropped by 2.7%, while futures retreated by 3.4%.Continue reading...

elcorreoweb.es

Factuality

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Gold loses its shine. Gold metal, considered the active classic refuge of the market, has fallen sharply from 5,300 dollars (4,591) per troy ounce to just over 4,600 dollars (3,985 euros) at the end of March, as a collateral victim of the energy crisis resulting from the war in the Middle East. Never before have the markets seen such a sharp fall in stocks, bonds and active refuges, as investors find no respite in the face of the shocks caused b…