Macro Finance
Gold Rises After Trump Says US Won’t Attack Iran Before Midterms
Bloomberg Markets·October 7, 2026·1 min read
Gold rose from a two-month low after President Donald Trump said the US won’t attack Iran before the midterm elections. Traders assessed the outlook for energy prices following the statement, which eased geopolitical tensions. The precious metal’s rebound reflects shifting market sentiment amid reduced risk of immediate conflict.
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