Eco
Gold prices fell on Tuesday, dropping below the $3950 per ounce mark after recording their largest daily gain in two months the previous day. This decline comes amid market reactions to escalating geopolitical tensions and growing fears of renewed conflict following the US attack on Iran's Qeshm Island last night. The ounce price failed to hold the $3950 level, falling to approximately $3925. Optimism about progress in peace negotiations between the United States and Iran had significantly boosted gold prices on Monday.
