Market Digest: Gold Hits $3,441, Bitcoin Slides to $104K amid Geopolitical Shock

Key Takeaways

Gold surged to $3,441/oz, hitting new highs, as investors sought safety amid geopolitical tensions.
Oil jumped 7%, with WTI trading above $75, driven by fears of supply disruption after Israel’s strike on Iran.
Bitcoin dropped to $104K, reflecting broader risk-off sentiment across digital assets.
Global equities were mixed, with U.S. stocks up modestly and Asian markets weighed down by conflict risk.

The Middle East jumped back into the market spotlight as Israel launched a coordinated airstrike on Iranian nuclear and military facilities, escalating a volatile standoff.

This surprise military action sent oil prices soaring, with WTI crude jumping over 8% and Brent rising 7.5%, driven by fears of disruptions in the Strait of Hormuz. Gold surged to $3,440 before dipping to around 3,430 per ounce, as investors flocked to safe-haven assets amid escalating geopolitical tensions.

Western governments reacted swiftly but cautiously. The U.S. denied involvement, while urging all parties to de-escalate.

Analysts warn that the attack could unravel months of diplomatic groundwork, including stalled nuclear negotiations and back-channel diplomacy.

Markets now face a critical weekend. If Iran retaliates, a broader regional conflict could send commodities even higher and trigger deeper volatility across equities, currencies, and the crypto market.

Global Indices

S&P 500: 6045.25 (+0.38%)
Dow Jones: 42,967.62 (+0.24%)
Nasdaq Composite: 19,662.48 (+0.24%)
Nikkei 225: 37,690.0 (–1.28%)
Euronext 100: 1,590.17 (–0.25%)
FTSE 100: 8,838.0 (–0.47%)

U.S. indices edged up, powered by tech and energy stocks, while geopolitical jitters weighed on Asian and European markets.

Cryptocurrencies Market

Bitcoin (BTC): $104,023 (–1.62%)
Ethereum (ETH): $2,506.23 (–5.16%)
Solana (SOL): $163.35 (–1.88%)
BNB: $647.57 (–1.1%)

Crypto assets fell across the board as investors turned away from risk amid escalating geopolitical tensions.

Commodities

Gold: $3,429.63/oz (+1.3%)
Silver: $36.24/oz (–0.26%)
WTI Crude: $75.14 (+9.18%)
Brent Crude: $72.86 (+7.47%)

Energy prices surged on fears of Middle East supply disruptions; gold gained as investors hedged against escalating conflict.

Individual Stocks

NVIDIA (NVDA): $145.00 (+1.52%)
Microsoft (MSFT): $478.87 (+1.32%)
Apple (AAPL): $199.20 (+0.21%)
Amazon (AMZN): $213.24 (+0.02%)
Meta (META): $693.30 (–0.11%)
Tesla (TSLA): $319.11 (–2.24%)

Forex

EUR/USD: 1.1521 (–0.52%)
GBP/USD: 1.3532 (–0.58%)
USD/JPY: 143.66 (+0.13%)

The dollar strengthened across the board, driven by haven flows and shifting rate expectations.

Market Wrap-Up

As investors digest a sudden and significant military escalation, markets are recalibrating. The focus now shifts to Iran’s next move, with potential retaliatory strikes or cyberattacks looming. Energy markets are bracing for supply shocks, while traders across equities, currencies, and crypto are treading cautiously into the weekend.

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