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Gold extends gains as Middle East war boosts safe-haven demand
Gold prices rose for a fifth consecutive session on Tuesday, as investors sought safe-havens amid an escalating US and Israeli air war against Iran, raising fears the conflict could spiral into a protracted regional war and deepen uncertainty. Spot gold was up 1% at $5,377.21 per ounce, as of 0122 GMT. In the previous session, bullion climbed to its highest point in more than four weeks after the U.S. and Israel launched strikes on Iran over the weekend. US gold futures for April delivery were up 1.5% at $5,391.90. The dollar hovered close to a more than five-week high reached on Monday, supported by firm demand ... (full story)
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From vtmarkets.com | Mar 3, 2026
Gold (XAU/USD) pulled back after opening the week with a bullish gap, as the US-Iran war drove safe-haven demand. XAU/USD traded around $5,300, after rising above $5,400 earlier in the day. Over the weekend, the United States and Israel carried out joint strikes on Iran. Iran’s Supreme Leader, Ayatollah Ali Khamenei, was killed. Iran then attacked US air ...
Let's look back at February: inflation increased from 1.7% to 1.9%. The negative contribution from energy prices was smaller in February, but most importantly, core inflation jumped from 2.2% to 2.4%. The increase was seen for both services and goods inflation, and shows that, even before the Middle East conflict began, inflationary pressures had far from ...
IRAN'S REVOLUTIONARY GUARDS COMMANDER SAYS STRAIT OF HORMUZ IS CLOSED, IRAN TO SET ON FIRE ANY SHIP TRYING TO PASS -IRANIAN MEDIA
