Gold woke up with somewhere to be this morning. The metal climbed through the London hours and touched $4,141 an ounce, its best level since early July, before easing back a touch. Nobody rang a bell; traders are simply squaring up ahead of next week’s Federal Reserve meeting, and the metals caught the bid. Palladium, […]
The strangest thing about this week was watching gold fall while the world burned. Six days of American airstrikes on Iranian targets, fresh Iranian attacks in reply, tankers still dodging the Strait of Hormuz, and oil up double digits: on paper, a textbook week for the metal. Instead gold posted its worst five days since […]