Gold jumps 3.1% to $4,486

Prices of precious metals, including gold, silver, and platinum, rose by approximately 3% to over $4,486 per ounce, driven by a decline in the dollar and U.S. Treasury yields, alongside escalating tensions between Washington and Tehran. The worsening geopolitical situation has heightened demand for gold as a safe haven. With the weakening of the US currency and increased investor response to geopolitical events, global markets experienced volatility that has heightened expectations regarding the future direction of U.S. interest rates.

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