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Gold drops after Israel-Iran ceasefire
Nada Ali Published in Amwal Al Ghad on 12 - 06 - 2025

Gold prices fell by over one per cent to hit a two-week low on Tuesday following US President Donald Trump's declaration of a ceasefire between Israel and Iran, reducing the attractiveness of gold as a safe-haven asset.
Spot gold slipped 1.52 per cent to $3,317.83 an ounce by 12:22 GMT. US gold futures also fell 1.86 per cent to $3,331.72.
Attribution: Amwal Al Ghad English, Reuters
Subediting: M. S. Salama

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