US Attacked, Market Reacted: Gold Fell, Oil Surged - Sözcü Newspaper
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5 Articles
Following President Trump's statement, the US launched a new wave of attacks on the Strait of Hormuz. These developments caused market volatility. Gold prices experienced a sharp decline, while oil prices surged.
US crude oil earlier broke the $90 barrier
US President Donald Trump announced new attacks against Iran, while Iran threatened even heavier retaliatory strikes. As tensions in the region escalated, Brent crude approached $100 per ounce, while gold fell to $4,330 per ounce.
Economy - Following statements by US President Donald Trump, the US military's attacks on Iran caused sharp movements in global markets. Brent crude oil rose to $94.40, while the price of gold fell to 6,740 Turkish lira per gram.
Global markets were shaken after the US military launched operations against Iranian Revolutionary Guard targets. Gold prices fell sharply following news of the conflict, while Brent crude surged, signaling a potential fuel price increase.
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