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Gold Prices Remain Steady, Platinum Highest in 10-Year Amid Israel-Iran Conflict

  • On Wednesday, President Donald Trump stated that he does not seek a conflict with Iran but is prepared to take action if required to prevent Iran from developing nuclear weapons.
  • This statement follows increased regional tensions after Iran launched 'True Promise III' last Friday evening targeting Israeli military intelligence sites amid an ongoing unprovoked war.
  • Iran’s Supreme Leader Khamenei warned any U.S. military intervention would cause irreversible damage and affirmed national resolve to defend sovereignty at all costs.
  • Platinum surged to a peak not seen in nearly a decade before declining by 2.5%, while gold held steady around $3,370 an ounce as investors weighed the ongoing uncertainty regarding potential U.S. involvement.
  • The conflict and warnings from both sides sustain geopolitical risk, influencing markets and prompting evacuations, including over 100 Indian students flown from Iran to Delhi under 'Operation Sindhu'.
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Iranian missiles hit an Israeli hospital, while Israel hit several targets in Iran. Several Iranian missiles hit populated areas in Israel, injuring at least 30 people. Iranian news agencies also reported the arrest of 18 "enemy agents."

·Ljubljana, Slovenia
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Lean Left

Israel warned on Thursday that Iranian guide Ali Khamenei should be "responsible for his crimes" after missile strikes that hit a hospital and caused dozens of wounded in Israel, at a time when his army bombed nuclear sites in Iran.

·Montreal, Canada
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The Israeli military announced a new series of attacks against Iran. Iran attacked Israel with missiles. At least 32 people were injured in Israel. A hospital in southern Israel was also damaged. Bloomberg: The US is preparing to attack Iran in the coming days.

·Estonia
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  • 50% of the sources lean Left, 50% of the sources are Center
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The Munsif Daily broke the news in on Wednesday, June 18, 2025.
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