Gold holds steady despite war and rising oil prices, as its recent volatility and a strong dollar reduce its safe-haven appeal.
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As the war on Iran entered its 18th day on Tuesday, the price of gold, usually considered the safe-haven asset in times of uncertainty, has remained unexpectedly steady.
Since the United States and Israel first launched strikes on Iran on February 28, the conflict has escalated across the region, sparking concerns about the knock-on effect for the global economy.
