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Global Stocks Dive as Gold Rises After Israel Strikes Iran

  • On June 13, 2025, global stock markets plunged and gold prices rose sharply after Israel launched a major airstrike on Iran targeting nuclear and military sites.
  • The airstrikes escalated Middle East tensions amid ongoing U.S.-Iran nuclear talks and followed reports of Iran retaliating with over 100 drones toward Israel.
  • European and Asian stock indexes fell 0.5% to over 1%, while U.S. futures dropped more than 1%, and oil prices surged up to 13%, pushing energy stocks higher.
  • Charu Chanana stated the geopolitical escalation adds uncertainty to fragile sentiment, while Vijay Valecha noted a broad sell-off reflecting worries over escalation and a forceful Iranian response.
  • The heightened volatility suggests investors may favor safe-haven assets until tensions ease, but rising oil prices risk inflating costs and complicating global economic outlooks.
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Safe haven rush begins after Israel strikes Iran

Deutsche Bank strategists said noted a “strong risk-off move” among investors.

·Chicago, United States
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Oil and gold prices rose sharply after Israel struck targets in Iran, while stock markets closed with declines, RBC-Ukraine reports, citing The Guardian. The escalation of the conflict in the Middle East has triggered a sharp rise in prices. Brent crude rose more than 7%, briefly rising to above $75 per barrel. This was the highest level since April 2025. Gold prices rose about 1% to $3,426 per ounce. This is close to the April record high of $3…

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Kitco NEWS broke the news in on Thursday, June 12, 2025.
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