Gold is near a record level with the escalation of conflict between Israel and Iran

Gold rose to a record level on Monday, with an escalation in the conflict between Israel and Iran investors to safe assets. The precious metal rose to 0.6% on Monday in the early Asian trading, to trade nearly $ 3,450 per gram, less than $ 50 than the historic highlight it recorded in April. The two countries exchanged fired missiles and drones over the weekend, at a time when these hostilities led to high energy prices, amid the fear of the threat of energy infrastructure and transport in the region. This sudden escalation in geopolitical risks added more momentum to the wave of its high movement in a mainly aggressive commercial policy of President Donald Trump, and its effects on the growth of the global economy. Gold increased by more than 30% during the year 2025, and the efforts of the central banks to diversify their reserves away from the dollar were one of the other most important engines of this increase. Prices reduce interests. The Precious Metal scored a jump of 1.4% on Friday, after two days, with inflation data and poor functions in America for betting that the Federal Reserve will lower interest rates later this year. The alloys often benefit from low interest rates as they do not yield. Representative gold rose 0.4% to $ 3,446.77 per gram at 07:10 in Singapore. The ‘Bloomberg Instant Dollars’ index added 0.1% after falling 0.8% last week. The price of silver remained stable, while platinum and baladium achieved profits.