Gold Rises 2% Following Iranian Strikes Amid Safe-Haven Demand

Investors moved toward gold after reports of weekend military strikes in Iran drove risk-off sentiment in global markets.

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Terms & Concepts
  • Safe-haven asset: An investment, such as gold or the U.S. dollar, that tends to retain or increase in value during times of market turbulence or geopolitical uncertainty.
  • Gold futures: Contracts that lock in the purchase or sale of gold at a predetermined price on a future date, commonly used to hedge against volatility.