qinbafrank|Mar 07, 2026 23:40
Never thought I'd see the day when gold gets sold at a discount. Saw Bloomberg's report—due to the situation in Iran causing flight cancellations and logistics disruptions, the transportation and insurance costs for gold have skyrocketed, and timely delivery can't be guaranteed. Many gold buyers have already paused new purchase orders. This has led to traders starting to sell gold at a discount under the pressure of indefinite storage and capital costs. Guess this is one of the chain reactions triggered by the situation in Iran.
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