Gold prices plunged about 3% on Monday, breaking a five-session rally to its highest in nearly three weeks, as reports of Israel nearing a ceasefire with Hezbollah, coupled with Trump's nomination of Scott Bessent as the U.S. Treasury Secretary soured the precious metal's safe-haven appeal.
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Original article source: https://www.dailymail.co.uk/wires/reuters/article-14123987/Gold-tumbles-3-reports-Israel-Hezbollah-ceasefire-US-Treasury-pick.html
Source Id: 2024-11-556644399