Should this occur, observers expect a more muted move by gold than would be the case if policy-setters either do nothing at all or undertakesomething more aggressive, such as a third round of quantitative easing, known as QE3.
However, moving beyond the issue of enrichment helps Obama inch closer toward engagement with Iran, something he promised during the campaign and has begun to undertake with small, albeit significant, steps, most noticeably his New Year's message to the Iranian people.