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.