#BTC Gold prices rise due to geopolitical tensions, with increased likelihood of U.S. intervention in Iran. ChainCatcher reports that, according to Jinshi, Asian markets opened slightly higher this morning as ongoing geopolitical tensions supported gold's safe-haven appeal. On Tuesday, Trump told protesting Iranian citizens that "aid is on the way," signaling that the U.S. may take action soon. Carsten Fritsch, a commodities analyst at Deutsche Bank Research, said that large-scale protests in Iran are providing tailwinds for gold prices, increasing the likelihood of U.S. military intervention.
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#BTC Gold prices rise due to geopolitical tensions, with increased likelihood of U.S. intervention in Iran. ChainCatcher reports that, according to Jinshi, Asian markets opened slightly higher this morning as ongoing geopolitical tensions supported gold's safe-haven appeal. On Tuesday, Trump told protesting Iranian citizens that "aid is on the way," signaling that the U.S. may take action soon. Carsten Fritsch, a commodities analyst at Deutsche Bank Research, said that large-scale protests in Iran are providing tailwinds for gold prices, increasing the likelihood of U.S. military intervention.