Gold Surges 1% as Oil Shock Above $90 Triggers Flight to Safe Havens
Gold prices jumped 1% and silver climbed 2% as oil surged past $90/barrel amid escalating US-Israel-Iran tensions. Equity markets tumbled while Treasury yields spiked to April 2025 highs, with weak jobs data and dollar weakness raising stagflation concerns that test Federal Reserve policy frameworks.
ViaNews Editorial Team (Markets)•
