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Iran crisis pressures gold, silver, platinum, and palladium as a stronger dollar weighs
Gold and silver prices fell on Monday, pressured by a stronger U.S. dollar (DXY) and higher interest rate concerns, as the Middle East war extended into a second week and oil approached $120 a barrel. Spot gold was last down 1.4% to $5,087.87 an ounce, after dropping as much as 3%, following its first weekly decline in more than a month, while silver fell 1.9% to $82.74. Oil futures topped $115/bbl after Strait of Hormuz disruptions, and major oil and gas producers in the Persian Gulf region curbed output as the US-Israeli war with Iran showed no sign of resolution. The dollar strengthened against all of its major ... (full story)
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From msn.com | Mar 9, 2026
Gold fell on Monday as the U.S.-Israeli war on Iran fuelled inflation concerns, which dimmed near-term U.S. interest rate cut prospects and boosted the dollar. Spot gold was down 1.2% at $5,109.39 per ounce as of 1012 GMT, after falling more than 2% earlier. U.S. gold futures for April delivery lost 0.8% to $5,118.20. "Historically, it is not uncommon to ...
Oil prices climbed above $100 a barrel on Monday, reaching levels not seen since 2022, as the conflict showed no signs of de-escalating, adding to growing concerns of a lasting supply shock. Gold futures (GC00) (GCJ26) fell $56.90, or 1.1%, to $5,101.80 an ounce, after rising 1.6% on Friday, but lost that same amount last week. That marked the biggest ...
*TRUMP SAYS WAR COULD BE OVER SOON: CBS NEW—In a phone interview, President Trump told me the war could be over soon: “I think the war is very complete, pretty much. They have no navy, no communications, they’ve got no Air Force.” He added that the U.S. is “very far” ahead of his initial 4-5 week estimated time frame. *TRUMP SAYS SOMEONE IN MIND TO REPLACE MOJTABA KHAMENEI: CBS *TRUMP MULLS TAKING OVER STRAIT OF HORMUZ: CBS
