$XAU Gold: Prices hit 4-week highs, reaching over $5,360/oz amid reports of increased military actions in Iran.
XAGUSDT
دائم
89.95
-7.91%
Silver: Experienced a sharp surge of over 7%, trading near $91-$98/oz levels, benefiting from both safe-haven buying and high industrial demand from the AI and data center sectors.
PAXG
5,351.49
-1.40%
Market Drivers: The surge is heavily influenced by US-Iran tensions, fears of supply chain disruptions in the Strait of Hormuz, and a weakening US dollar following tariff policy shifts.
Outlook: Analysts at JP Morgan predict further gains for gold, with some forecasts suggesting potential for continued upward momentum if tensions persist.