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XAU/USD
Gold (XAU/USD)
4,405.50
+0.10% (+4.60)
Market read
The claim signals an assertive Iranian military posture over a key oil-transit chokepoint. This keeps geopolitical risk around Gulf shipping and energy transit elevated for now. Next up: MBA 30-Year Mortgage Rate.
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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.
The claim signals an assertive Iranian military posture over a key oil-transit chokepoint. This keeps geopolitical risk around Gulf shipping and energy transit elevated for now.
FirstSquawk·09/07, 01:44 AM
High impactIran's top security official said Tehran will declare a restricted zone just beyond the Strait of Hormuz in the coming days, according to state media.
Jin10·09/04, 07:30 PM
High impactFollowing the US nonfarm payrolls release, spot gold fell over $70 intraday to $4405/oz, and spot silver fell $1.5 to $65.7/oz.
Jin10·09/03, 10:04 PM
High impactSpot gold broke above $4,500 per ounce, up 2.57% on the day.
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