finance
Gold Gains as Traders Assess Latest Deadlock in US-Iran Talks
Bloomberg · Markets
May 11, 2026 · — listen
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Gold Gains as Traders Assess Latest Deadlock in US-Iran Talks
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A one-kilogram gold bar arranged at the Perth Mint Refinery, operated by Gold Corp., in Perth, Australia, on Thursday, Feb. 5, 2026. The reversal came as the stock market was whipsawed by volatility, Bitcoin tumbled and what had been a steep run-up in gold and silver prices abruptly reversed, all of which drove investors into the safety of US Treasuries.
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