Gold, as a safe-haven investment, was clearly on investors' and traders' minds following the outbreak of war in West Asia. And sure enough, the price of gold initially went up, but then came the correction.
Gold prices initially surged following the outbreak of war in West Asia, confirming its role as a safe-haven asset for investors. However, this upward movement was soon met with a market correction. The article now questions gold's direction if the conflict de-escalates.
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