economy

Gold sinks to 6-month low as speculative investors exit

Bullion set for worst quarter in almost a decade as Iran war, expectations of US rate rises and SpaceX IPO weigh on price

Gold sinks to 6-month low as speculative investors exit

TL;DR

  • Gold prices are falling significantly.
  • The metal is set for its worst quarter in nearly a decade.
  • Factors influencing the price drop include the Iran war, US rate rise expectations, and the SpaceX IPO.