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US-Iran rhetoric a side show amid global slowdown, trade talks

Gold, having leapt 10% in 4 weeks, glitters as a safe haven in uncertain times, say analysts

Angela Tan

Published Fri, Jun 28, 2019 · 09:50 PM

Singapore

FOR investors, the global macro-economic outlook has become murkier with the breakdown of the US-China trade talks in May and now, the rising tensions between the US and Iran after the latter shot down a US drone.

Iran's downing of the US drone has prompted new US sanctions against Iran, while traders watch for any signs that tensions could escalate into military conflict.

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