Commodities
Gold Prices Soar on Weaker Dollar and Iran Tensions
Gold and silver prices have surged more than 5% this week, driven by falling US Treasury yields, a weaker dollar, and rising geopolitical tensions.
The US Treasury's plan to double long-term debt buybacks has pushed bond yields lower, making non-interest-bearing gold more attractive.
Tensions around Iran and the Strait of Hormuz are boosting safe-haven demand for precious metals.
The recent escalation in tensions between the US and Iran began in February 2026.