Gold (XAU) Ends 4-Day Winning Streak Following Trump Speech

AI Summary

Gold (XAU) ended its four-day winning streak following a speech by former President Trump that suggested potential escalation regarding Iran. The price of gold dropped by 0.5% to $1,825 per ounce. The market had previously reacted positively to geopolitical tensions, but Trump's remarks have introduced uncertainty. This development may influence investor behavior, particularly in safe-haven assets, as they assess implications for global stability.