Gold price hits seven-year peak, may take a pause after ease in the US-Iran standoff
Gold price hit their highest since March 2013 at $1,610.90 on Wednesday. U.S. gold futures fell 0.3% to $1,555.90.
Gold prices were steady on Thursday, retreating from the near seven-year peak hit in the previous session, as a softening rhetoric by the United States and Iran allayed concerns of a larger military conflict. Photo: Reuters