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Why gold hasn’t moved since the Iran conflict — and where it could go next
Gold surged during the 12-day war with Iran last year and then gave up its gains when a ceasefire was announced. But, two weeks into the latest conflict, its price remains largely unmoved. Gold rose from $5,296 to $5,423 per troy ounce after the U.S. and Israel launched strikes on Iran on Feb. 28, aligning with the axiom that geopolitical turmoil pushes investors toward traditional “safe haven” assets. But a sell-off saw prices fall more than 6% to $5,085 on March 3. This week, as the conflict has escalated, it has traded between $5,050 and $5,200. Spot gold was last seen trading at $5,175 per troy ounce. Several ... (full story)
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From parameter.io | Mar 11, 2026
The precious metal market displayed relative stability on Wednesday as opposing market dynamics created a narrow trading band. The spot price for gold declined a marginal 0.1% to settle near $5,187 per ounce, with April futures contracts sliding 0.9% to approximately $5,194. The commodity has experienced significant price swings since reaching a peak just ...
IRAN HAS THREATENED TO STRIKE THE U.S. WEST COAST WITH OFFENSIVE DRONES IN RETALIATION FOR AMERICAN MILITARY OPERATIONS, ACCORDING TO AN FBI WARNING ISSUED TO CALIFORNIA POLICE DEPARTMENTS, ABC NEWS REPORTS.
FBI warns Iran aspired to attack California with drones in retaliation for war: Alert The FBI warned police departments in California in recent days that Iran could retaliate for American attacks by launching drones at the West Coast, according to an alert reviewed by ABC News. We recently acquired information that as of early February 2026, Iran allegedly aspired to conduct a surprise attack using unmanned aerial vehicles from an unidentified vessel off the coast of the United State Homeland, specifically against unspecified targets in California, in the event that the US conducted strikes against Iran, according to the alert distributed at the end of February. We have no additional information on the timing, method, target, or perpetrators of this alleged attack. The warning came just as the Trump administration launched its ongoing assault against the Islamic Republic. Iran has been retaliating with drone strikes against targets throughout the Mideast.
PRESIDENT TRUMP ON IRAN: "THEY DIDN'T EXPECT THIS" AND DECLARED "WE'VE WON." PRESIDENT TRUMP SAYS THE U.S. MUST "FINISH THE JOB" IN IRAN AND DOES NOT WANT TO LEAVE EARLY, CITING THE NEED TO STABILIZE OIL PRICES.