Medianews.az
Oil and gold started to become cheaper - After this statement...
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Oil and gold started to become cheaper - After this statement...

Since US President Donald Trump has somewhat softened his stance on Iran, and after stating that there is no plan for mass executions of protesters by the regime, violence against protesters in Iran has decreased, and oil prices have started to fall in world markets.

According to Medianews.az, Trump's statement has been perceived as the US retreating from its intention of military intervention in Iran, thus easing tensions somewhat in world markets. Oil prices have retreated from the recent peak, gold prices have dropped, and there has been a partial rise in stock markets.

On January 15, the price of Brent crude oil fell by 3.3 percent to $64.32. The price was $66.82 the previous day.

The price of an ounce of gold fell from $4642.72 to $4610, meaning gold lost approximately 0.2 percent of its value in one day.

Analysts believe that although Trump's more cautious position on Iran has somewhat eased tensions in world markets, political and geopolitical uncertainty has not yet been completely eliminated.

Medianews.az

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