XAU/USD
Gold (XAU/USD)
4,399.50
-0.13% (-5.90)
Updated 08:54 PMXAU/USD
4,399.50
-0.13% (-5.90)
Updated 08:54 PM
Overview
A direct military incident between Iran and a U.S. asset near a key oil transit route raises the risk of further escalation. This adds to the geopolitical tension already supporting gold as a safe haven.
Updated 08:13 PM
High confidence09/08, 05:53 PM
Iran's Revolutionary Guard deputy commander said Iranian armed forces fully control the Strait of Hormuz, with forces deployed across southern Iran and Persian Gulf islands.
Jin10
09/08, 05:53 PM
Related updates
FirstSquawk·09/08, 01:04 PM
A Houthi military spokesperson said the group will announce a broad military operation deep into Saudi territory.
Jin10·09/08, 10:08 AM
China's central bank continued gold purchases in August, setting a new monthly record high for the current accumulation cycle, while gold bullish sentiment stands at 80% and oil prices rose to a 6-week high.
FirstSquawk·09/07, 02:54 PM
Iran said it expects to reach an agreement on a temporary route through the Strait of Hormuz in the coming days.
FirstSquawk·09/07, 02:52 PM
Iran said negotiations with Oman on the Strait of Hormuz have reached their final stages.
FirstSquawk·09/07, 02:19 PM
Iran warned South Korea against deploying forces or joining military operations in the Persian Gulf and Strait of Hormuz, saying such involvement would be seen as direct US support and could have serious consequences.
XAU/USD
Gold (XAU/USD)
4,399.50
-0.13% (-5.90)
Updated 08:54 PM