Gold drops more than 2% to one-week low as Middle East worries ebb
By Ashitha Shivaprasad (Reuters) – Gold prices dropped more than 2% to a one-week low on Monday as worries over a wider Middle East conflict subsided, prompting investors to scale back safe-haven trades in favour of riskier assets like equities. Spot gold was down 2.5% at $2,330.51 per ounce as of 1:52 p.m. ET (1752 …
Gold drops more than 2% to one-week low as Middle East worries ebb Read More »