Gold price braces for a choppy Monday after U.S.-Israel strikes on Iran
Gold kicks off the week with a shot of geopolitical anxiety after strikes on Iran by the United States and Israel, setting up a potential safe-haven rush when markets open Monday. “Safe-haven assets such as gold are likely to see an upside gap,” noted OCBC’s Christopher Wong. Vishnu Varathan at Mizuho flagged a possible “10-25% premium” in oil prices if the turmoil widens.
