Gold prices plummeted by 3% following Scott Bessent’s selection as Treasury secretary by President-elect Donald Trump, and reports of a potential ceasefire deal between Israel and Hezbollah, reducing the appeal of the safe-haven metal. Spot prices of gold dropped to $2,616.80 per ounce, with futures trading at $2,628.5. The selloff was attributed to Bessent’s appointment, progress towards an Israel-Hezbollah ceasefire, and a decrease in physical demand from Asian central banks and traders.
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The PLAYERS: Rory McIlroy ‘Not Out Of It,’ Despite Failing to Adjust
Rory McIlroy struggled with strong winds at TPC Sawgrass, resulting in a round over par and a drop of one place on the PLAYERS Championship leaderboard. Despite this, he remains in the top 5 and believes he still has a chance to win. McIlroy highlighted his mistakes around the greens and on the greens as areas to improve for the final round, where he aims to tidy up his game and capitalize on his strong...
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