Gold Surges to Three Month High as U S Iran Negotiations Stall and Fiscal Plans Spark Global Safe Haven Rally
When gold surged past $4,650 an ounce during Asian trading hours to touch its highest level in over three months, global markets received a jarring reminder: the precious metal remains the ultimate arbiter of systemic anxiety. What began as a localized hedge against stalled U.S.-Iran diplomatic talks has morphed into a full-scale, multi-front safe-haven surge. Across trading desks in London, Singapore, and New York, institutional capital is executing a distinct flight to quality.