Gold held steady on Friday en route to its best week in more than three months, driven by an escalation in US-China tensions, with investors also looking for a hedge against possible inflation as hopes for more stimulus measures grow.
Iran expressed its readiness to help soothe tensions between Azerbaijan and Armenia in the wake of deadly border clashes between the two South Caucasus countries, calling on both sides to engage in dialogue.
China said on Tuesday the United States is a troublemaker undermining peace and stability in the South China Sea region and unnecessarily provokes tension in the region, responding to Washington rejecting Beijing’s claims to offshore resources in most of the waters.
The Iranian president said the increase of tensions will not be in favor of anyone in the region, stressing that the issues should be solved through dialogue as military tensions between Turkey and Syria have escalated in recent weeks.
Europe is continuing to react to the assassination of Iran’s General Qassem Soleimani, with much of both the political class and the public condemning what has widely been viewed as a reckless and violent provocation and act of terrorism by the United States and President Donald Trump.