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Why Isn't Gold Rallying Amid Geopolitical Instability?
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0:00lesson
Gold price divergence amid geopolitical tensions
- Geopolitical developments may accelerate with renewed Iran military action
- Energy shocks and war could be bullish for gold
- Gold down 30% from January high
- No definitive answer on gold's underperformance
- Initial gold sale due to Turkey's cash needs
1:56lesson
Gold market dynamics and dollar correlation
- War resuming after midterms is likely
- War's impact on gold is less direct now
- Gold follows dollar movements
- Dollar strengthens with war, weakens with peace
- Market discounts potential war restart
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