Feb 04, 2026

Gold Climbs Back Above $5,000 on Iran Military Tensions

TLDR Gold recovered to $5,060 per ounce on Wednesday after losing over $1,000 in value during last week’s historic selloff. U.S. military shot down an Iranian drone over the Arabian Sea, boosting demand for safe haven assets like gold. Silver jumped 2.8% to $87.50 per ounce while platinum gained 3% as precious metals extended their [...]

The post Gold Climbs Back Above $5,000 on Iran Military Tensions appeared first on Blockonomi.

Source: Blockonomi →