Gold prices fell on Thursday as the Middle East crisis escalated: Iran-backed Houthi militants attacked two Saudi vessels in the Red Sea, increasing fears of prolonged oil-supply disruption. The market reaction points to heightened risk around energy flows and shipping routes, weighing on the safe-haven bid for gold.
Gold prices fell on Thursday as the Middle East crisis escalated: Iran-backed Houthi militants attacked two Saudi vessels in the Red Sea, increasing fears of prolonged oil-supply disruption. The market reaction points to heightened risk around energy flows and shipping routes, weighing on the safe-haven bid for gold.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.35
