# gold
Latest news and articles about gold
Total: 90 articles found
Middle East Conflict Forces Dubai Dealers into a $30/oz Gold Fire Sale
Flight suspensions and airspace closures tied to the Middle East conflict have stranded large amounts of gold in Dubai, driving traders to sell at discounts of up to $30 per ounce to avoid mounting storage and financing costs. The disruption has created short-term tightness for Asian refiners and increased logistics costs, highlighting vulnerabilities in the physical bullion supply chain.
Gold Isn’t Always a Safe Haven: US–Iran Escalation Triggers Wild Swings and Tests the Bull Case
Gold posted wild intra‑week swings after a US–Iran escalation in late February and early March, briefly spiking above $5,400/oz before plunging below $5,000/oz. Short‑term reversals were driven by a stronger dollar, rising US yields and deleveraging in paper markets, even as long‑term drivers such as central‑bank buying and de‑dollarisation remain intact.
Asia Stocks Slide as Korea's KOSPI Trips Circuit Breaker; Investors Flock to Gold and Silver
Asian markets fell sharply, led by an 8% drop in South Korea's KOSPI that triggered a 20-minute trading halt. Safe-haven buying pushed spot gold and silver higher, while domestic Chinese gold-jewellery prices retreated markedly. The moves highlight renewed risk aversion and raise the prospect of policy responses to stabilise markets.
Drone Strike on U.S. Embassy in Riyadh Sends Oil and Gold Higher as Trump Warns of Retaliation
A drone attack on the U.S. embassy in Riyadh and U.S. signals of military retaliation triggered sharp moves in global markets on March 3, lifting oil, fuel, and precious metals. President Trump’s War Powers notice and his warning of imminent retaliation have increased the risk premium on Gulf supplies and heightened the prospect of further escalation.
Middle East Escalation Sends Gold Spiking; Chinese Jewelers Hike Prices by Over ¥20/gram Overnight
A sudden escalation in the Middle East on March 2 triggered a sharp safe‑haven bid for gold, with futures briefly reported above $5,400 an ounce and London spot near $5,393. The international surge prompted major Chinese jewelers to raise pure-gold prices by more than ¥20 per gram overnight, feeding through immediately to consumers and markets.
Beaten-Up AI and Chip Stocks as Commodities, Oil and Gold Rally on Geopolitical Risk and Price Narratives
China’s stock market opened lower as AI, solar and semiconductor sectors pulled back while oil, natural gas and precious metals rallied, driven by price-rise narratives and renewed Middle East geopolitical risk. Brokers say the market is being steered by a combination of supply constraints and narrative-led sentiment, lifting commodity-linked names even as technology shares give back earlier gains.
Hormuz Shutdown and Leadership Strikes Trigger Supply Shock — Gold Tops $5,400 as Oil Soars
A sharp escalation in the Middle East after strikes on Iran prompted Tehran to ban transits through the Strait of Hormuz, quickly sending gold above $5,400 and causing Brent crude to surge. Analysts warn that a prolonged closure of Hormuz could remove 8–10 million barrels per day from the market, pushing prices much higher and elevating inflation and geopolitical risk worldwide.
Market Shock and Geopolitics: How the US‑Israel‑Iran Flare‑up Has Reoriented Risk Ahead of a Packed Week
Weekend strikes between the US, Israel and Iran jostled markets, pushing traders into low‑liquidity venues where crypto and commodity derivatives spiked. With key macro data, central‑bank policy expectations and major corporate and political events ahead, this week will test whether the shock becomes a lasting market regime change or a short‑lived risk premium.
China Economist: Middle East Shock Favors Gold and Defence Over Oil for Long‑Term Investors
Haitong economist Zhang Yidong argues that recent Persian Gulf violence reflects a deeper global power reordering and will drive a strategic revaluation of assets. While oil and tanker markets may spike on risk, gold and defence stocks offer stronger long‑term allocation value amid sustained geopolitical uncertainty.
Fed Uncertainty Sends Metals Tumbling as Techs Rally Around Apple Event Hype
US stocks staged an intraday V-shaped recovery to close slightly higher while precious metals plunged after Fed comments dampened hopes for imminent rate cuts. Apple’s March product event lifted its stock and highlighted on-device AI ambitions, even as the CME probabilities and Fed messaging keep investors cautious about near-term monetary easing.
Precious Metals Slide: Spot Gold Drops Below $5,000 as Silver Falls Over 2%
Spot gold fell below $5,000 per ounce and silver dropped over 2% as a firmer dollar, rising real yields and softer post-holiday physical demand in Asia weighed on prices. The move underscores how macroeconomic data and monetary policy expectations, rather than safe-haven flows alone, are dominating precious-metals markets.
Spot Gold Falls Below $5,000/oz as Silver Sinks; Precious Metals Retreat on Risk Appetite and Dollar Strength
Spot gold fell below $5,000 per ounce and silver dropped over 2% on Monday, reversing recent gains as traders engaged in profit‑taking and repositioned amid a stronger dollar and firmer yields. The move raises questions about the durability of safe‑haven demand and could exert pressure on miners and commodity‑linked economies if it persists.