The escalation of the situation in the Middle East has led to safe-haven buying, and gold prices are still $50 short of a new high
2025-06-16 00:09:26
Gold prices headed towards a record high on Monday as the escalating conflict between Israel and Iran prompted investors to turn to safe havens. Gold prices rose as much as 0.6% to above $3,450 an ounce in early Asian trading on Monday, about $50 shy of the all-time high set in April. The sudden rise in geopolitical risk added more momentum to the rally, which has been driven largely by the threat to global economic growth from Trump's aggressive tariff agenda. Gold is up more than 30% in 2025, with central banks seeking to diversify away from the dollar being another important driver. (Golden Ten)
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
中东局势升级带动避险买盘 金价再创新高还差50美元Next article：
Eric Trump：今日消息与加密无关，但接下来会有WLFI的重要公告
