Gold plunges 3% as Trump Treasury pick and potential Israel-Hezbollah truce fuel risk-on mood

A potential Israel-Hezbollah ceasefire agreement and Bessent's appointment were the key contributors to the bullion selloff, experts said. 

Nov 26, 2024 - 11:00
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Gold plunges 3% as Trump Treasury pick and potential Israel-Hezbollah truce fuel risk-on mood
A potential Israel-Hezbollah ceasefire agreement and Bessent's appointment were the key contributors to the bullion selloff, experts said.