CoinVoice has learned that, according to Jinshi, Asian early trading saw a slight increase in gold prices, with ongoing geopolitical tensions supporting 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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CoinVoice has learned that, according to Jinshi, Asian early trading saw a slight increase in gold prices, with ongoing geopolitical tensions supporting 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.