Growing Middle East tensions drive up gold prices as investors seek safety amid US-Iran conflict, impacting equities and Bitcoin.
Increasing tensions between the United States and Iran are leading to a rise in demand for safe-haven assets. Gold is particularly drawing the attention of investors as equities and Bitcoin are experiencing downward pressure. The escalating situation has caused gold prices to surge by X% while stocks and Bitcoin are facing losses of Y% and Z%, respectively. Investors are flocking to the precious metal as a way to hedge against the growing uncertainty in the global market.
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