Gold Sinks by Most in Four Years as Israel-Hezbollah Ceasefire Nears
GLD ETF Falls 2.9%
SPDR Gold ETF | 10-K: Annual report
Weekly ETF Flows: Nine Out of 11 Sector Funds Record Inflows
Middle East tensions are easing! Israel and Hezbollah are reportedly close to reaching a ceasefire agreement.
① The Israeli national security cabinet will meet on Wednesday to approve the ceasefire agreement with Hezbollah, and the final text was confirmed on Monday; ② Affected by the easing of tensions in the Middle East, comex gold futures fell more than 3%, crude oil plummeted 3% during the day, and the usd dropped by 0.5%.
RBC Capital Markets/Gold Equities, 2nd of 2 Parts; Includes Barrick, Newmont, Franco-Nevada, Agnico Eagle, Kinross
