Gold price tumbles on reports of de-escalating Middle East tensions
Gold plunged 3% after Axios reported that Israel and Lebanon have accepted the terms of a ceasefire agreement.
Gold retreated from a record high of $1,609.51 after a group of US senators offered an ambitious plan that could revive stalled debt talks and the prospect of a long-term deficit reduction deal to avert a default. On the other side of the Atlantic,
