Gold Stabilizes After Significant Sell-Off as Ceasefire Looks Possible
Gold prices stabilized in the $2,630 range after experiencing a severe drop of almost three percent, or over $90, following rumors of a potential ceasefire between Israel and Hezbollah. This news significantly impacted market sentiment. Investors are paying close attention to geopolitical events and how they ripple through global markets. Assessing these changes is critical for making informed decisions regarding gold investments moving forward.