Gold price hits three-month high amid fears over Iran war and Trump economy

πŸ‡¬πŸ‡§ The Guardian (GB) —
Gold price hits three-month high amid fears over Iran war and Trump economy

AI Summary

Gold prices reached a three-month high driven by geopolitical tensions in the Middle East and political uncertainty including concerns over US fiscal policy. This surge reflects gold's role as a safe-haven asset amid ongoing global market instability.

Bitcoin rises above $80,000 for the first time since May amid uncertainty over US fiscal plans Business live – latest updates Gold prices hit their highest level in more than three months on Tuesday as continued conflict in the Middle East and ongoing political uncertainty fuelled the latest rally in the precious metal. Gold is viewed as a safe haven by investors and its price tends to rise at times of uncertainty. Continue reading...

World Security Conflict Politics Markets Commodities gold prices Middle East conflict US fiscal policy market uncertainty safe haven precious metals investment

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