Energy Daily

Iran War Threatens to Reverse Central Banks’ Role as Major Gold Buyers

Turkey’s bullion sale could be a signal of a broader reversal in the precious metal.
An advertisement for bullion at a gold store in the Grand Bazaar in Istanbul.Photographer: Kerem Uzel/Bloomberg
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Welcome to our guide to the commodities driving the global economy. Today, reporter Jack Ryan looks at how the conflict in the Middle East has affected gold markets.

The Iran war is threatening to put a key driver of gold’s record-breaking rally into reverse.