Macro Finance
Gold Falls After Oil Rebounds on Lack of US-Iran Deal Progress
Bloomberg Markets·November 3, 2026·1 min read
Gold declined, erasing some of the gains from the previous session, after oil prices rebounded on concerns that the US and Iran aren’t close to ending their war. The shift in investor sentiment reflected renewed risk appetite in energy markets, while safe-haven demand for gold eased as geopolitical tensions showed no immediate resolution.
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