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Gold prices fall sharply as investors weigh unfolding risks
The WSJ Markets frames gold as a potential hedge while geopolitical tensions tied to the Iran conflict continue.
Gold prices have dropped significantly, highlighting renewed pressure on the precious metal as investors reassess near-term risk.
WSJ Markets said buying the dip can still make sense for investors looking for hedging value, particularly as the Iran conflict drags on.
The outlet argued that, despite the selloff, gold may continue to play a role in portfolios as a hedge against major risks.
Latest closeGold $3,981.40 ▼1.6%
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