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- Gold gains on fears of prolonged Middle East conflict
GLOBAL-PRECIOUS/ (UPDATE 11):PRECIOUS-Gold gains on fears of prolonged Middle East conflict
- Global energy security at risk? Gas prices jump 50% as Qatar shuts world's largest LNG export plant amid US-Iran war
Qatar halted LNG production after an Iranian drone attack, causing European gas prices to surge over 50%. The disruption threatens global energy security and could impact LNG supplies worldwide. Traffic through the Strait of Hormuz is also slowing significantly.
- Bitcoin rebounds above $67,000 as investors dive back in despite Iran-US conflict — what's driving the surge?
Bitcoin prices rebounded above $69,000 on Monday following a sell-off driven by US-Iran tensions. With retail and institutional investors returning, Bitcoin surged over 5%, and altcoins like Ethereum and Solana saw similar gains. Details here.
- War shocks rattle D-Street. Will a quick recovery follow, like in the past?
Nifty has slipped as the US-Israel conflict with Iran escalates, reigniting crude worries and reviving FPI selling. History shows markets rebound quickly from geopolitical shocks. But with oil near $80 and growth priced in, this crisis could test that resilience.
- Gold, silver rates today: Comex gold rises $187/oz; silver gains $4/oz as US-Iran conflict boosts safe-haven demand
Gold and silver prices climbed on 2 March, driven by Middle East tensions, with gold at $5,434 per ounce and silver at $97.3. These increases highlight a trend of rising safe-haven asset values amid ongoing military conflicts involving the US and Iran.