Gold Surges Over 1.5% Amid US-Iran Missile Strikes
Gold rallied more than 1.5% on Tuesday during the North American session as continued US-Iran missile strikes overshadowed mediation efforts. The precious metal gained despite a strong US dollar.
XAUUSD
Gold prices surged on Tuesday, rising over 1.5% in North American trade. The rally came as missile strikes between the US and Iran continued, defying diplomatic efforts to end the conflict.
Despite a broadly strong US dollar, XAU/USD climbed higher, reflecting safe-haven demand amid escalating geopolitical tensions in the Gulf region.
Source: FXStreet Forex News