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Gold price and military instability

The price of gold pulls back from recent record peaks around $2,430, with investors interpreting Iran's airstrike on Israel as a retaliation solely for the attack on their embassy near Damascus, Syria. There's a prevailing belief that tensions between Iran and Israel won't intensify further, as Tehran has stated that they consider the issue resolved.

Nonetheless, Iran has warned of a significantly harsher response should Israel repeat its actions.

Dr. Kamaran Qader Yaqub,
Fundamental Analyst and Financial consultant at Investment Spot company. 

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