Gold Rises 1% Amid Escalating Tensions Following U.S.–Israeli Strikes on Iran

Gold prices rose by more than 1% on Monday as investors turned to the precious metal as a safe haven after the United States and Israel carried out large-scale strikes on Iran, which resulted in the killing of Iran’s Supreme Leader Ali Khamenei and heightened geopolitical tensions in the region.اضافة اعلان

Gold has recorded successive record highs this year amid growing global political and economic uncertainty.

The latest gains add to a surge of about 64% in 2025 — marking the metal’s strongest annual performance in nearly half a century — driven by strong central bank purchases, significant inflows into exchange-traded funds, and expectations of monetary policy easing in the United States.

— Reuters