US-Iran Tensions Push Gold Prices to Record Highs: Ounce Nears $5,000

Geopolitical Risks Trigger Gold Surge Global markets are operating under the shadow of escalating tensions between the United States and Iran.
As geopolitical risks intensify, demand for gold, traditionally viewed as a "safe haven," has regained significant momentum.
Ounce gold gained 2.2% in the previous trading session, reaching the $4,985 level.
Trump's Messages on Diego Garcia and Iran The primary development increasing risk perception in the markets was the strategic statements made by US President Donald Trump.
Trump called on the United Kingdom not to return the Diego Garcia island to Mauritius, suggesting that the military base on the island could be actively utilized if Iran rejects a potential agreement.
These remarks led to a decrease in risk appetite across global markets, prompting investors to adopt a more cautious stance.
Balance Between Diplomacy and Military Readiness Statements from White House Spokesperson Karoline Leavitt also stood out as a factor escalating the tension.
Leavitt noted that while Trump’s priority in Iran policy remains diplomacy, all necessary military preparations are being meticulously carried out.
Concerns that regional uncertainty could increase in the near term suggest that volatility in gold prices is likely to persist.