Market Digest: Gold Hits $3,370 and Oil surges on War Concerns, Crypto and Stocks Slide

On June 12, investors pulled back from riskier assets as war worries drove money into gold and oil. With tensions heating up, markets remain on edge, hoping for signs of a diplomatic breakthrough.

Ebrahem Jaafar June 12, 2025 10:29:23 UTC +4

2 min read Update: July 2, 2025 15:31:35 UTC +4

Markets took a cautious step back as tensions between the U.S. and Iran grabbed global headlines. The ripple effect was immediate; investors sought safety in Gold (GOLD), which climbed to $3,374.73, and Silver (SILVER), up to $36.34. Riskier assets weren’t as lucky. Bitcoin (BTCUSD) slid to $107,780, and Ethereum (ETHUSDT) edged lower to $2,756.63, as traders shifted their focus from crypto to traditional havens.

Energy markets reacted sharply. Brent Crude (BRENT31) rose to $67.81 (+1.38%) amid concerns about potential disruptions to oil supply from the Middle East.

The forex space echoed the caution: the U.S. Dollar Index (DXY) slipped to 98.399 (−0.19%), while the yen was pushed higher, sending USD/JPY to 144.03 (−0.34%).

Equity markets mirrored the nervous tone. The S&P 500 dipped to 6,022.25 (−0.27%), Nasdaq lost ground at 19,615.88 (−0.50%), and the Dow Jones (DJI) softened to 42,865.77 (−0.10%). With geopolitical tension in focus and only a few moves to spark optimism, investors treaded lightly, keeping one eye on markets and the other on diplomacy.

Global Indices

S&P 500 (SPX): 6,022.25 (−0.27%)
Dow Jones (DJI): 42,865.77 (−0.10%)
Nasdaq Composite (IIC-D): 19,615.88 (−0.50%)
Nikkei 225: 38,190.0 (−0.65%)
Euronext 100: 1,594.11 (−0.22%)
FTSE 100 (FTSE): 8,836.8 (−0.16%)

Cryptocurrencies Market

Bitcoin (BTCUSD): $107,780 (−0.84%)
Ethereum (ETHUSDT): $2,756.63 (−0.54%)
Solana (SOL): $163.35 (−1.88%)
Binance Coin (BNB): $65.91 (−0.24%)

Commodities

Gold (GOLD): $3,374.73 (+0.52%)
Silver (SILVER): $36.34 (+0.31%)
WTI Crude Oil (USOIL): $67.87 (−0.50%)
Brent Crude Oil (BRENT31): $67.81 (+1.38%)

Individual Stocks

NVIDIA (NVDA): $142.83 (−0.78%)
Tesla (TSLA): $326.43 (+0.10%)
Microsoft (MSFT): $472.62 (+0.36%)
Meta Platforms (META): $694.14 (−1.18%)
Apple (AAPL): $198.78 (−1.92%)
Amazon (AMZN): $213.20 (−2.03%)

Forex

U.S. Dollar Index (DXY): 98.399 (−0.19%)
EUR/USD (EURUSD): 1.1512 (+0.22%)
GBP/USD (GBPUSD): 1.3577 (+0.30%)
USD/JPY (USDJPY): 144.03 (−0.34%)

Market Wrap-Up

The global mood remains cautious. With U.S.–Iran tensions taking the spotlight, capital continues to flow into safe-haven assets, like metals and energy. All eyes are now on the diplomatic front, with traders bracing for more turbulence if talks break down.