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Gold futures fell, not driven by geopolitical tensions.
Jin10 data June 23 news, gold futures fell due to the strengthening of the US dollar. After the US attacked Iranian nuclear facilities over the weekend, gold failed to rise as it usually does due to safe-haven demand. Analysts say the market's reaction to the weekend's attack was muted, seemingly waiting to see what Iran's next move will be. Iran's measures may include closing the Strait of Hormuz, increasing attacks on Israel, or retaliating against US targets. However, analysts indicate that market sentiment is far from risk-off at the moment. The appreciation of the US dollar has weakened gold's appeal as a safe-haven asset.