How the US-Iran Stalemate Could Impact Gold Prices

Recent figures show that gold was trading around $4,347, as investors continue to monitor tensions between the United States and Iran. It appears they may have reached a stalemate, given the lack of progress toward resolving the standoff surrounding the Strait of Hormuz.

For companies like Collective Mining Ltd. (NYSE American: CNL) (TSX: CNL), the stakes are high, and any major swings in the price of gold could have either a beneficial or adverse effect on the flow of investor funds into…

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