Gold division chief explains crash and recovery conditions

The article discusses the reasons behind the decline in gold prices. It confirms that the head of the Gold Division stated that geopolitical tensions, especially the Iran-U.S. conflict, and their impact on oil prices have increased inflationary pressures and led investors to reduce gold purchases. He pointed out that current gold prices are far below previous record levels, making it a good opportunity to buy as a long-term savings option. He emphasized that regional stability and the drop in oil prices to around $60 per barrel could bring gold back to its record levels once again.

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