Iran Peace Proposal Sends Gold Down, Nikkei to Records as Global Capital Rotates
Iran submitted a peace proposal to reopen the Strait of Hormuz, collapsing safe-haven demand and sending gold and silver lower. Japan's Nikkei surged to record highs while Germany's consumer and business confidence hit multi-year lows. The divergence exposes how differently Asian and European economies absorb geopolitical energy risk.
Salvado•