opposite of inversely correlated - Gold rises as Trump signals US exit from Iran war
Gold (XAU/USD) edges higher on Wednesday, building on the previous day’s solid gains as optimism grows that the US-Israel war with Iran could end soon. At the time of writing, XAU/USD is trading around $4,748, its highest level in nearly two weeks.
US President Donald Trump, speaking from the Oval Office, told reporters that the United States “will be leaving Iran very soon,” adding that military action could end within “two or three weeks.” He said, “We’ll leave whether we have a deal or n