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Gold Soars After Iran Shuts Strait Of Hormuz Despite U.S. Peace Push

Geopolitics & WarCommodities & Raw MaterialsEnergy Markets & PricesCommodity FuturesInvestor Sentiment & Positioning

Iran's military said it has taken full control of the Strait of Hormuz, prompting a surge in gold as investors sought safe-haven assets. The U.S. paused attacks on Iranian energy assets while seeking a diplomatic resolution, raising oil-market tension and broader risk-off dynamics across markets.

Analysis

Iran's military said it has taken full control of the Strait of Hormuz, prompting a surge in gold as investors sought safe-haven assets. The U.S. paused attacks on Iranian energy assets while seeking a diplomatic resolution, raising oil-market tension and broader risk-off dynamics across markets.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25