Gold extends gains as Middle East war boosts safe-haven demand | Metals Mine

  • Gold extends gains as Middle East war boosts safe-haven demand

    From brecorder.com

    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)

Comment Options
    • Older Stories  
    Gold: ‘Onchain markets are responsible for virtually 100% of weekend price discovery’ – Theo’s...

    From kitco.com|Mar 2, 2026

    Gold’s price discovery mechanisms move onto blockchain networks after U.S. futures markets close for the weekend, creating arbitrage opportunities for traders who can navigate ...

    Japan quarterly capex rises 6.5% as government seeks to spur investment

    From channelnewsasia.com|Mar 2, 2026|1 comment

    Japanese spending on factories and equipment rose 6.5 per cent on-year in the fourth quarter, Ministry of Finance data showed on Tuesday, indicating resilient investment demand ...

    Ueda: The New Financial Ecosystem and the Role of Central Banks

    From boj.or.jp|Mar 2, 2026

    I am delighted to be given this opportunity to speak to you at the FIN/SUM 2026. The year 2016, when the first FIN/SUM was held, marked a milestone for the Bank of Japan as well: we established the FinTech Center that very year, taking into account the growing momentum in fintech efforts and our support for these developments as the central bank such that they would contribute to enhancing financial services and ultimately achieving sustainable growth in Japan's economy. The theme of this year's FIN/SUM is "The New Financial Ecosystem Shaped by AI and Blockchain." AI and blockchain have been significant topics of interest at the Bank since its founding of the FinTech Center. Assuming application of these technologies in the areas of finance and payments, the FinTech Center conducted joint research with the European Central Bank (ECB), identifying opportunities and possible challenges that blockchain could bring to financial market infrastructures. The Bank's Institute for Monetary and Economic Studies (IMES) also held workshops to explore legal considerations surrounding issues such as the use of distributed ledger technology (DLT) in securities settlements and the use of algorithms and AI. Fast forward 10 years, blockchain technology has entered the implementation phase in a wide range of financial services. Coupled with the rapid adva Just in | Bank of Japan Governor Ueda announces plans for technical experiments on blockchain-based settlement using central bank money in current account deposits.

  • Story Stats

  • Related Stories