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This historic tension in the Middle East (Iran's retaliatory attacks on multiple Gulf countries and Israel) is strongly pushing gold prices upward.
What has happened so far:
The price of gold per ounce (global price) has rapidly risen, surpassing $5,300 and even approaching $5,500 in some reports. This is due to a surge in safe-haven demand. In Turkey, the price of gold per gram in the free market has exceeded 8,000 TL (and even approached the 8,050-8,100 TL range in some places), showing an increase of around 5% in the last 24 hours. Experts and analysts state that gold demand will rise even
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Tensions are rapidly escalating in the Middle East!
For the first time in history, Iran targeted six neighboring countries and former allies in a single day: Saudi Arabia, Qatar, Kuwait, Jordan, Bahrain, and the United Arab Emirates (UAE).
Attacks in the last 24 hours:
A drone attack targeted the Fairmont The Palm hotel in Dubai, resulting in fires and injuries.
Numerous drone explosions occurred around the Burj Khalifa, leading to evacuations.
A direct drone attack targeted Kuwait International Airport; several employees sustained minor injuries, and the terminal suffered damage.
A missile wa
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As part of Operation Epic Fury, the US and Israel targeted the Iranian regime's security infrastructure. Images of missiles, fighter jets, and precision strikes were officially released... Iran is retaliating...
The world is holding its breath.
#OperationEpicFury
#USIsraelStrikesIranBTCPlunges
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#USIsraelStrikesIranBTCPlunges
Today, the US Central Command (CENTCOM) released footage of US and allied (particularly Israeli) air/missile strikes against Iran as part of Operation Epic Fury. This is part of a large-scale military operation launched on the orders of the US President.
CENTCOM's official statement reads:
"The President ordered bold action. CENTCOM forces are delivering an overwhelming and unrelenting blow."
The footage shows missiles launched from warships, fighter jets taking off from aircraft carriers, and strikes hitting Iranian targets (IRGC command centers, air defense sy
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This is getting annoying. The rules need to be reviewed.‼️
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