14 Mar 2026 | 5 Mins Read
Geopolitical tensions fail to boost gold prices
Flipitmoney
US/Israel and Iran conflict escalated on February 28, 2026, targeting Iranian nuclear sites, resulting in the death of Ayatollah Ali Khamenei. Key events include closure of the Strait of Hormuz, rising oil prices, and a stronger dollar. Gold prices stayed in a consolidation phase, trading within $300 per ounce, due to inverse relationships with interest rates and the dollar.