-
Iranians seek portable wealth as hedge against falling currency after Israel war
When it comes to financial security for Iran’s jittery public after the 12-day war with Israel, all that glitters is gold — and for many, it remains the most trusted hedge against inflation, sanctions and a weakening rial currency. Traders in Tehran’s Grand Bazaar say every new headline about United Nations “snapback” sanctions, the rial’s fall or renewed regional tensions have sent waves of people into buying so-called “value-preserving assets.” Those include dollars, gold, silver, diamonds, cryptocurrencies and, to a lesser extent, equities. Such portable wealth can hold value when local assets ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From stocktwits.com|Dec 4, 2025Binance CEO Changpeng ‘CZ’ Zhao called Bitcoin (BTC) a “better version of gold” on Thursday in a debate against gold bull Peter Schiff at Binance Blockchain Week. “I think gold ...
From @financialjuice|Dec 4, 2025|11 commentsWH Sr. Adviser Hassett: Real wage growth is now higher than inflation. NEC Director Hassett: Think We're Likely To See Cut At Next Fed Meeting Will Take Rate Cut Around 25 Basis Points Fed Chair Needs To Be Data-responsive Person
From fxempire.com|Dec 4, 2025Spot gold is pushing slightly higher late Thursday, holding just above the key retracement zone between $4192.36 and $4133.95. Traders are watching this band closely — a sustained ...
-
- Newer Stories
From forex.com|Dec 4, 2025Gold prices were edging higher at the time of writing late in the day in Europe. We have seen some positive US data, but this is too little, too late to change the Fed’s decision ...
From federalreserve.gov|Dec 4, 2025The Federal Reserve Board on Thursday requested public input on the impact of potential strategic changes to check services provided by the Fed, as well as check usage and ...
From finance.yahoo.com|Dec 4, 2025Silver pulled back from an all-time high, as traders took profits following an eight-day rally that’s seen as too fast, too far. Gold was little changed. The white metal fell as ...
- Story Stats
- Dec 4, 2025 3:31pm Posted byFundamental Analysis158
- Instruments:
