The bulls started the New Year in control as gold prices rallied in the early morning after Israel attacked Syria in response to a rocket attack, and Turkey arrested 33 Israeli "spies".

 

There is fear that this might be the start of a deeper regional destabilization following the US Navy's sinking of three Houthi ships in the Red Sea, and Iran sending a warship into the Red Sea.

 

US interest rates were higher overnight and the dollar managed to rally sharply to start the year...[MORE]

 

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